Microeconomics

1A situation in which society may not be able to rank its preferences consistently through majority voter turnout refers toA ) poundrollingB ) the paradox of votingC ) the special-interest effectD ) the median-voter model2Senator A agrees to vote for Senator Ks assign railway line 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 let out is one whose passage yieldsA ) Brobdingnagian-mouthed private benefits comp atomic number 18d to outdoor(a) benefitsB ) large economic gains to a atomic trope of masses and puny economic losses to a large act of peopleC ) small economic losses to a small fig of people and large economic losses to a large number of peopleD ) large external benefits comp bed to private benefits4In the Alcoa upshot of 1945 the courts held thatA ) firms which shop more than one-half of their output overseas are nontaxable from antimonopolyB ) only contracts and combinations that unreasonably restrain trade are in irreverence of the Sherman ActC ) the mere possession of monopoly power is a violation of the antitrust lawsD ) retail and wholesale firms are relinquish from antitrust legislation5Because majority voting fails to incorporate the strength of the preferences of individualistic voters , itA ) produces economically inefficient outcomes under some circumstancesB ) crea tes negative externalitiesC ) leads to food! stuff failureD ) leads to political science dominated by special...If you want to demand a complete essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper