Assume that Matt, Joe, and Teresa are the only citizens in a community. A proposed public good has a total cost of $1000. All three citizens will share an equal portion of this cost in taxes. The benefit of the public good is $500 for Matt, $280 for Joe, and $260 for Teresa. In a majority vote, this proposal will most likely be:
A) Accepted; two in favor and one against
B) Defeated; two against and one in favor
C) Accepted; three in favor and none against
D) Defeated; none in favor and three against
Correct Answer:
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