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Look at the figures below, which show the costs and benefits to voters Garcia, Johnson, and...




Look at the figures below, which show the costs and benefits to voters Garcia, Johnson, and Lee of two different public goods
instructions: Enter your answers as a wnole number, it you are entering any negative numbers be sure to include a negative si
ok nces c. What are Johnsons net benefits for each public good individually and for the two combined? Net benefit of first p
Look at the figures below, which show the costs and benefits to voters Garcia, Johnson, and Lee of two different public goods that the government will produce if a majority of voters support them. Suppose that Garcia, Johnson, and Lee have decided to have one single vote at which the funding for both of those public goods will be decided simultaneously. Benefit: Tax Total benefit - $150 Total cost $900 $700 Benefit: Tax Total benefit - $800 Total cost $900 $300 per person tax $300 per person $350 $350 $300 $300 $250 $200 Lee $100 Garcia (Votes NO 15) Inefficient majority 'yes' vote Inefficient majority o vote Instructions: Enter your answers as a whole number. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers
instructions: Enter your answers as a wnole number, it you are entering any negative numbers be sure to include a negative sign in front of those numbers. a. Given the $300 cost per person of each public good, what are Garcia's net benefits for each public good individually and for the two combined? Net benefit of first public good $ Net benefit of second public goods For the two combined =$1 Will she vote yes or no on the proposal to fund both projects simultaneously (Click to seed) b. What are Lee's net benefits for each public good individually and for the two combined? Net benefit of first public goods Net benefit of second public good - $ For the two combined = $ Will she vole yes or no on the proposal to fund both projects simultaneously: Click to select)
ok nces c. What are Johnson's net benefits for each public good individually and for the two combined? Net benefit of first public good = $ Net benefit of second public good = $ For the two combined = $1 Will he vote yes or no on the proposal to fund both projects simultaneously or will he be indifferent: (Click to select) d. Who is the median voter here? (Click to select) Whom will the two other voters be attempting to persuade? (Click to select) Dront 23 of 25 Sare answer
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Answer #1 ✔ Recommended Answer

a) Cost of each public good = $300. For Garcia,

Net benefit of first public good = benefits-cost(tax) = $700-$300 = $400

Net benefit of second public good = $100-$300 = -$200

For the two combined = $400-$200 = $200

Yes she will vote on the proposal to fund both projects simultaneously because she gets a positive net combined benefit from the two.

b) Cost of each public good = $300. For Lee,

Net benefit of first public good = benefits-cost(tax) = $200-$300 = -$100

Net benefit of second public good = $350-$300 = $50

For the two combined = -$50

No she will not vote on the proposal to fund both projects simultaneously because she gets a negative net combined benefit from the two.

c) Cost of each public good = $300. For Johnson,

Net benefit of first public good = benefits-cost(tax) = $250-$300 = -$50

Net benefit of second public good = $350-$300 = $50

For the two combined = -$0

He will be indifferent on the proposal to fund both projects simultaneously because he gets a $0 net combined benefit from the two.

d) Median voter is Johnson

Two voters will attempt to pursuade Johnson.

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