Majority Voting May Produce Economically Inefficient Outcomes Because It

question 9

Multiple Choice

Majority voting may produce economically inefficient outcomes because it

• A)does not always lead to fair results.
• B)requires everyone to vote and bear the costs.
• C)does not consider the strength of individual voters' preferences.
• D)does not provide benefits to everyone.

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Definitions:

Social Comparison

Social Comparison is the process by which individuals evaluate their own abilities, qualities, and situations against those of others to form judgments about themselves.

Job Characteristics Model

A theory that proposes that the nature of an individual’s job or the characteristics of the work can influence their motivation, satisfaction, and performance.

Kelly's Covariation Model

A theory that explains how people attribute causes to events based on the consistency, distinctiveness, and consensus of the information available.

Internal Factors

Elements within an individual or organization that influence behavior, decisions, and outcomes, such as personal skills or organizational culture.