Quest'on 1 Not yet answered Marked out of 5.00 \\V Flag question Q3 Question 3 (5 marks); The existence of a majority voting equilibrium is possible when preferences are single peaked. I am currently living in a smallrsized society with four other members: A, B, C and D. We, as a society, would want to come to a conclusion regarding our preferred level of expenditure on pure public goods such as streetlights. We agreed on a majority voting equilibrium as our preferred level of expenditure on public goods. a) Fill in the following tables showing the preferred level of public expenditure of each individual. My preferred expenditure level as a median voter is given to you all. (4 marks) A B Me C D $10,000 b) What is your conclusion based on the above findings? Explain. (1 mark)