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Author Question: Refer to Figure 2-1. ________ is (are) technically efficient. A) Point A B) Point B C) Point C D) ... (Read 110 times)

jlmhmf

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on: Jun 29, 2018
Refer to Figure 2-1. ________ is (are) technically efficient.
 
  A) Point A B) Point B C) Point C D) Points B and C

Question 2

When is an individual said to have single-peaked policy preferences?
 
  What will be an ideal response?


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pikon

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

An individual's policy preferences are single-peaked if he or she prefers policies closer to his or her political bliss point to those that are farther away. The individual's political bliss point is his or her most preferred policy option.
A-head: CONFLICT OF INTEREST AND POLITICAL ECONOMY
Concept: Single-peaked preferences


jlmhmf

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

duy1981999

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Reply 3 on: Yesterday
Excellent

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