Suppose there are five people-1 2 3 4 and 5-who rank


Question: Suppose there are five people-1, 2, 3, 4, and 5-who rank projects A, B, C, and D as follows:

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a. Sketch the preferences, as in Figure 6.2.

b. Will any project be chosen by a majority vote rule? If so, which one? If not, explain why.

785_6.2.png

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Finance Basics: Suppose there are five people-1 2 3 4 and 5-who rank
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