In the figure below, we see that traditional one-person-one-vote (1p1v) majority voting results in an inefficient majority "yes" vote (two in favor, one opposed). Let's see whether the outcome is better under quadratic voting. (Note: When answering the questions below, assume a quadratic voting system.Alsoassume that theamounts shown in thefigurereflect the value of the benefits of a proposedpublic goodto each individual voter. And, assume that if the vote passes, each voter will be required to pay $300 in additional taxes.)