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barry1999 barry1999
wrote...
Posts: 349
A week ago

The voting paradox suggests that the "voting market," as represented by elections



may often lead to an inefficient outcome in representing consumer preferences compared to the private market for goods and services.



is no different from the private market for goods and services in terms of representing consumer preferences.



may not lead to an efficient outcome but certainly leads to a more equitable outcome in terms of distributing goods and services.



leads to a superior outcome in representing consumer preferences compared to the private market for goods and services.

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emr21emr21
wrote...
Posts: 316
A week ago
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may often lead to an inefficient outcome in representing consumer preferences compared to the private market for goods and services.

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A week ago
This helped my grade so much
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A week ago
Perfect
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