Multiple Choice
If voters have single-peaked preferences:
A) a majority of them prefer a policy other than the median policy.
B) majority rule always leads to the selection of the median ideal policy.
C) majority rule never leads to the selection of the median ideal policy.
D) their net benefits from an activity decrease with the activity's level up to some point and then it increases.
Correct Answer:

Verified
Correct Answer:
Verified
Q52: Four stores have a problem with theft
Q53: Why might bargaining break down when parties
Q54: Your neighbor likes to blast 1970's rock
Q55: Four stores have a problem with theft
Q56: The median voter is:<br>A) the voter who
Q57: A good is nonexcludable if:<br>A) there is
Q59: Suppose a paper mill earns $1,000,000 in
Q60: Three hundred paper mills compete in the
Q61: A positive externality is created if:<br>A) an
Q62: A tradable emissions permit:<br>A) entitles a firm