BuyFind

Microeconomics

13th Edition
Roger A. Arnold
Publisher: Cengage Learning
ISBN: 9781337617406
BuyFind

Microeconomics

13th Edition
Roger A. Arnold
Publisher: Cengage Learning
ISBN: 9781337617406

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Chapter
Section
Chapter 18, Problem 8QP
Textbook Problem

Provide a numerical example which shows that simple-majority voting may be consistent with efficiency. Next, provide a numerical example which shows that simple-majority voting may be inconsistent with efficiency.

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