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Author Question: When majority rule voting is used to determine whether to purchase a public good, A) the ... (Read 119 times)

crazycityslicker

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on: Jul 1, 2018
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.
Microeconomics ¦ Perloff ¦ 8th Edition
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jaykayy05

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Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

D


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