MACROWSNotes34.pdf - 126 Award 1.00 point Answer the...

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126. Award: 1.00 point Answer the question on the basis of the following table that shows the total costs and total benefits facing Stadium Total Cost Total Benefit A $ 80 $140 B 100 200 C 130 250 D 165 290 E 220 300 a city of five different potential baseball stadiums of increasing size. All figures are in millions of dollars. Suppose a five-person city council must decide via majority voting which of these stadiums to build. Also suppose that each of the stadium sizes has the support of one council member. According to the median-voter model, the council will ultimately vote in favor of stadium A. B. C. D. References Multiple Choice Difficulty: 02 Medium Learning Objective: 05-03 Appendix: Explain the difficulties of conveying economic preferences through majority voting.
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127. Award: 1.00 point Answer the question on the basis of the following table that shows the total costs and total benefits
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