Microeconomics

1A situation in which society may not be able to rank its preferences consistently through majority reform to vote refers toA ) logrollingB ) the paradox of votingC ) the special-interest effectD ) the median-voter model2Senator A agrees to vote for Senator Ks state unplumbed projection in exchange for Senator K voting for Senator As state project .

This is an example ofA ) the median voter modelB ) the principal-agent problemC ) the paradox of votingD ) log rolling3A special-interest lie with is one whose passage yieldsA ) king-size reclusive benefits compared to external benefitsB ) big(a) economic gains to a micro map of pot and bitty economic losses to a large number of peopleC ) dinky economic losses to a small number of people and large economic losses to a large number of peopleD ) large external benefits compared to mystic benefits4In the Alcoa case of 1945 the courts held thatA ) firms which sell more than one-half of their output overseas are take over from justB ) only contracts and combinations that unreasonably retain trade are in encroachment of the Sherman ActC ) the mere bullheadedness of monopoly power is a violation of the antitrust lawsD ) retail and wholesale firms are exempt from antitrust legislation5Because majority voting fails to comprise the strength of the preferences of individual voters , itA ) produces economically inefficient outcomes under slightly circumstancesB ) creates negative externalitiesC ) leads to market failureD ) leads to politic! al sympathies dominated by special...If you hope to get a climb essay, order it on our website: OrderCustomPaper.com

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