Multiple Choice
Table 22-2
Voters are deciding how they will spend the City of Elmongary's budget surplus.They have enough money to build one of three projects: build a school, build a skate park, or build a bike lane for commuters.They agree that they will have two pairwise votes to determine how to spend their budget, with the majority determining the outcome on each vote.The first, second, and third choices for each project are as indicated in the table below.
-Refer to Table 22-2.If (1) the first vote pits "school" against "bike lane," and (2) the second vote pits "skate park" against the winner of the first vote,what is the outcome
A) "School" wins the first vote and "school" wins the second vote, so they build a school.
B) "School" wins the first vote and "skate park" wins the second vote, so they build a skate park.
C) "Bike lane" wins the first vote and "bike lane" wins the second vote, so they build a bike lane.
D) "Bike lane" wins the first vote and "skate park" wins the second vote, so they build a skate park.
Correct Answer:

Verified
Correct Answer:
Verified
Q43: The tendency of many people to procrastinate
Q56: Explain how the presence of asymmetric information
Q85: What is a characteristic of the field
Q86: How can signalling theory explain the advertising
Q87: In the worker-employer relationship,how may inappropriate or
Q88: Does fairness play a fundamental role in
Q90: How do hidden actions and hidden characteristics
Q92: Employers may choose to pay their workers
Q93: The fact that people in average health
Q94: On car insurance policies,Prairie Ranch Insurance Company