Principles of Economics, 7th Edition

Published by South-Western College
ISBN 10: 128516587X
ISBN 13: 978-1-28516-587-5

Chapter 22 - Part VII - Frontiers of Microeconomics - Problems and Applications - Page 479: 6

Answer

a) Chinese b) Italian c) No one person gets their first choice all of the time, and not everyone preferred Italian food to Chinese food.

Work Step by Step

a) Italian would receive 9 points (4 from Rachel, 4 from Ross, and 1 from Joey). Chinese would receive 10 points (3 from Rachel, 3 from Ross, and 4 from Joey). Mexican would receive 7 points (2 from Rachel, 2 from Ross, and 3 from Joey). French would receive 4 points (1 from Rachel, 1 from Ross, and 2 from Joey). b) Eliminating French and Mexican from the choices leave Chinese and Italian. Italian would receive 5 points (2 from Rachel, 2 from Ross, and 1 from Joey). Chinese would get 4 points (1 from Rachel, 1 from Ross, and 2 from Joey).
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.