Author Question: Median voter decisions may not yield efficient allocations of resources because: a. votes are ... (Read 151 times)

savannahhooper · **on:** Jul 1, 2018

Median voter decisions may not yield efficient allocations of resources because:
a. votes are allocated differently than income.
b. externalities may cause private and social costs to diverge.
c. free riders will cause too few public goods to be produced.
d. the median voter may not be the same as the mean voter.

Question 2

The conflict between the Vice President of Marketing and her sales staff arises because
a. the sales staff are unwilling to offer discounts
b. the Vice President want to negotiate more aggressively
c. the sales staff want to negotiate too aggressively
d. the Vice President is more willing to offer discounts to make the sale