Two towns, each with three members, are deciding whether to put on a reworks display to celebrate the New Year. Fireworks cost $420. In each town, some people enjoy fireworks more than others. In the town of Bayport, each of the residents values the public good as follows: Value Resident (Dollars) Tim 60 Alyssa 150 Brian 180 The total benet of the reworks display to the town of Bayport is . Therefore, reworks V pass the cost-benet analysis in the town of Bayport. The mayor of Bayport proposes to decide by majority rule and, if the fireworks referendum passes, to split the cost equally among all residents. who would vote in favor of the reworks referendum? Check all that apply. O Tim O Alyssa O Brian The vote yield the same answer as the cost-benefit analysis. In the town of River Heights, each of the residents values the public good as follows: Value Resident (Dollars) Crystal 100 Edison 120 Hilary 230 The total benefit of the fireworks display to the town of River Heights is $Therefore, reworks V pass the cost-benet analysis in the town of River Heights. The mayor of River Heights also proposes to decide by majority rule and, if the reworks referendum passes, to split the cost equally among all residents. Who would vote in favor of the reworks referendum? Check all that apply. Cl Crystal Cl Edison Cl Hilary The vote V yield the same answer as the cost-benet analysis. which of the following statements is correct about the provision of public goods? Check all that apply. Cl It is hard for the government to decide the appropriate amount of public goods to produce because people have differing preferences regarding such goods. Cl Majority rule is the most efcient way to determine the amount of public goods a society should produce. Cl The government always provides the exact types of public goods that everyone in the society wants