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barry1999 barry1999
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4 years 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.

Textbook 
InMicro

InMicro


Edition: 1st
Authors:
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emr21emr21
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4 years ago
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barry1999 Author
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4 years ago
This helped my grade so much
wrote...
4 years ago
Perfect
wrote...
3 years ago
thanks
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