Business, 31.05.2020 02:00 joemoe15jr
Two towns, each with three members, are deciding whether to put on a fireworks display to celebrate the New Year. Fireworks cost $360. 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: Resident Value (Dollars) Shen 50 Valerie 100 Antonio 300 The total benefit of the fireworks display to the town of Bayport is $450 . Therefore, fireworkswould pass the cost-benefit 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 fireworks referendum
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Two towns, each with three members, are deciding whether to put on a fireworks display to celebrate...
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