Assume that Matt, Joe, and Teresa are the only citizens in a community. A proposed public good has a total cost of $1,000. 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

Defeated; two against and one in favor

Explanation:

The options to the question are:

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

A majority vote is a voting system whereby the person who wins is the person that has more than fifty percent of the vote.

In this question, we are told that Matt, Joe, and Teresa will share an equal portion of this cost in taxes and that 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 defeated as there will be two against and one in favor. Joe and Teresa will be against it ane only Matt will be in support as he will receive more in benefit than the others.