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4 weeks ago
Preferred Budgets ($ in millions)567891011
Number of voters (in thousands)61016201595

Table 15.2


Table 15.2 shows the preferred budget for a new civic center and the number of voters in a community who prefer that budget. What budget does the median voter prefer?

▸ 7

▸ 8

▸ 9

▸ 10
Textbook 
Microeconomics: Principles, Applications, and Tools
Edition: 8th
Authors:
Read 627 times
36 Replies
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wrote...
4 weeks ago
8
wrote...
4 weeks ago
Smart ... Thanks!
wrote...
4 weeks ago
Preferred Budgets ($ in millions)567891011
Number of voters (in thousands)61016201595

Table 15.2


Table 15.2 shows the preferred budget for a new civic center and the number of voters in a community who prefer that budget. If Jay proposed $7 million while David proposed $10 million, Jay will get ________ thousand votes while David gets ________ thousand votes.

▸ 32; 29

▸ 46; 49

▸ 51; 29

▸ 52; 29
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4 weeks ago
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52; 29
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wrote...
4 weeks ago
Preferred Budgets ($ in millions)567891011
Number of voters (in thousands)61016201595

Table 15.2


Table 15.2 shows the preferred budget for a new civic center and the number of voters in a community who prefer that budget. If Jay proposed $7 million while David proposed $10 million, whose budget will be selected if everyone votes?

▸ Jay's

▸ David's

▸ It will be a tie.

▸ The outcome cannot be predicted.
wrote...
4 weeks ago
Jay's
wrote...
4 weeks ago
You make an excellent tutor!
wrote...
4 weeks ago
Preferred Budgets ($ in millions)567891011
Number of voters (in thousands)61016201595

Table 15.2


Table 15.2 shows the preferred budget for a new civic center and the number of voters in a community who prefer that budget. If Jay proposed $6 million while David proposed $10 million, Jay will get ________ thousand votes while David gets ________ thousand votes.

▸ 52; 29

▸ 42; 39

▸ 32; 29

▸ The outcome cannot be predicted.
wrote...
4 weeks ago
The outcome cannot be predicted.
wrote...
4 weeks ago
Preferred Budgets ($ in millions)567891011
Number of voters (in thousands)61016201595

Table 15.2


Table 15.2 shows the preferred budget for a new civic center and the number of voters in a community who prefer that budget. If Jay proposed $6 million while David proposed $10 million, whose budget will be selected if everyone votes?

▸ Jay's

▸ David's

▸ It is a tie.

▸ The outcome cannot be predicted.
wrote...
4 weeks ago
The outcome cannot be predicted.
wrote...
4 weeks ago
You make an excellent tutor!
wrote...
4 weeks ago
Preferred Budgets ($ in millions)567891011
Number of voters (in thousands)61016201595

Table 15.2


Table 15.2 shows the preferred budget for a new civic center and the number of voters in a community who prefer that budget. Suppose that Jay initially proposed $6 million while David proposed $10 million. Given the distribution of voters' preferences, Jay can increase his chance of being elected by proposing:

▸ a smaller budget than $6 million.

▸ a greater budget toward the median budget.

▸ a greater budget than $10 million.

▸ none of the above
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