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

barry1999

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4 years ago

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

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

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

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

Textbook

InMicro

Edition: 1^st

Authors: Hubbard, O'Brien

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emr21

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4 years ago

More solutions for this book are available here

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barry1999 Author

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4 years ago

This helped my grade so much

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emr21

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4 years ago

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jjsh6561

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3 years ago

thanks

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