subject
Business, 30.07.2021 03:00 ben3898

Five roommates are planning to spend the weekend in their dorm room watching movies, and they are debating how many movies to watch. Here is their willingness to pay: Willingness to Pay (Dollars) Tim Brian Edison Kevin Rajiv First film 18 15 10 8 5 Second film 16 12 8 5 1 Third film 14 9 6 0 0 Fourth film 12 6 3 0 0 Fifth film 10 3 0 0 0 Buying a DVD costs $20, which the roommates split equally, so each pays $4 per movie. The efficient number of movies to watch (that is, the number that maximizes total surplus) is Complete the following table by indicating the preferred number of movies from the standpoint of each roommate. Roommate 0 1 2 4 5 Nick Tim Brian Edison Kevin movies The median roommate prefers Suppose the roommates held a vote on the efficient outcome versus the median voter's preference. Complete the following table by indicating how each person would vote in this case. Efficient Outcome Median Voter Outcome Roommate Nick Tim Brian Edison Kevin Suppose the roommates held a vote on the efficient outcome versus the median voter's preference. Complete the following table by indicating how each person would vote in this case. Efficient Outcome Median Voter Outcome Roommate Nick Tim Brian Edison Kevin The winning outcome according to majority rule is the If one of the roommates proposed a different number of movies, his proposal could beat the winner from the previous vote. A. True
B. False
Majority rule be counted on to reach efficient outcomes in the provision of public goods Majority rule

ansver
Answers: 3

Another question on Business

question
Business, 23.06.2019 03:10
He cheyenne hotel in big sky, montana, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. an occupancy-day represents a room rented out for one day. the hotel's business is highly seasonal, with peaks occurring during the ski season and in the summer. month occupancy- days electrical costs january 1,736 $ 4,127 february 1,904 $ 4,207 march 2,356 $ 5,083 april 960 $ 2,857 may 360 $ 1,871 june 744 $ 2,696 july 2,108 $ 4,670 august 2,406 $ 5,148 september 840 $ 2,691 october 124 $ 1,588 november 720 $ 2,454 december 1,364 $ 3,529 required: 1. using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day. (do not round your intermediate calculations. round your variable cost answer to 2 decimal places and fixed cost element answer to nearest whole dollar amount) 2. what other factors other than occupancy-days are likely to affect the variation in electrical costs from month to month? (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) seasonal factors like winter or summer. systematic factors like guests, switching off fans and lights. number of days present in a month. fixed salary paid to hotel receptionist. income taxes paid on hotel income.
Answers: 2
question
Business, 23.06.2019 06:00
For each example, identify the most appropriate ctso.marilyn is a middle-school student who wants to prepare for a career in farming: pasnational ffanyfeafeajanice is a high-school student who wants to start her own business: skillsusatsapasdecaabe is a high-school student who wants to become an information technology worker: hosafcclabpanyfearene wants to teach middle-school classes: feafccladecahosa
Answers: 1
question
Business, 23.06.2019 23:30
What should be a future effect upon the economy if a expansionary fiscal policy continues in an economy with an increasing budget deficit and growing national debt? a) deflation b) low inflation c) high inflation d) not enough information given
Answers: 1
question
Business, 24.06.2019 03:30
Mark the statements that are true about capital. capital is your nation's money. capital is your company's equipment and tools. capital is your country's plow-making business in philadelphia. capital is your rival company's water tower. capital is your nation's factories and supplies.
Answers: 3
You know the right answer?
Five roommates are planning to spend the weekend in their dorm room watching movies, and they are de...
Questions
question
Mathematics, 08.01.2021 18:30
question
Computers and Technology, 08.01.2021 18:30
question
Mathematics, 08.01.2021 18:30
question
Mathematics, 08.01.2021 18:30
Questions on the website: 13722361