DO NOT PASTE A SPAM ANSWER PLEASE ! 4. (3o points) Consider a simple public good economy with three people and two goods: one public (x) and one private (y). Assume that one unit of public good utility functions: u1(x,y1) = x12+ y1 u2(x,yz) =2x1/2+ y2 U3(x,y3) = 4x12 + y3 a. (15 points) Suppose the fixed tax shares are t1 = t2 = t3 = 1/3. What is the majority voting equilibrium output of the public good? b. (5 points) Is the majority voting outcome efficient? Explain C. (1o points) Compare Wicksell-Lindahl and Majority Voting mechanisms in terms of efficiency and incentives.