When majority rule voting is used to determine whether to purchase a public good,
A) the efficient outcome is assured.
B) the median voter gets her way.
C) the sum of the marginal benefits must equal marginal cost.
D) the marginal benefit of the good to the median voter equals the good's marginal cost.
Question 2
When majority rule voting is used to determine whether to purchase a public good,
A) the efficient outcome is not assured.
B) the median voter gets her way.
C) the sum of the marginal benefits is ignored.
D) All of the above.
Public setting
Sample purchase order form.
How to use the discriminant to determine the value of k in a quadratic with one real root
Use the product rule to find derivative
Find derivative using chain rule
Find derivative using chain rule