If a Person Has Multiple-Peaked Preferences for a Pure Public

question 38

Multiple Choice

If a person has multiple-peaked preferences for a pure public good,

• A) that person is always made worse off when moving away from his or her most-preferred political outcome.
• B) that person will become worse off at first, but then become better off, when moving away from his or her most-preferred political equilibrium.
• C) the marginal benefit of the pure public good always declines for that person as more is made available.
• D) both b and c.

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Definitions:

Average Scores

The mean value obtained by dividing the sum of all scores by the number of scores.

Critical Value

A threshold value used in hypothesis testing to determine whether to reject the null hypothesis, based on the statistical model used.

Level of Significance

A threshold within statistical hypothesis testing that determines whether to accept or reject the null hypothesis, paralleling the concept of a significance level but emphasizing its critical value in analysis.

Means

The average of a set of values, calculated by dividing the sum of the values by the number of values.