Competition in the Political Marketplace Can Result in the Efficient

question 92

Multiple Choice

Competition in the political marketplace can result in the efficient provision of a public good if

• A) there is only one political party.
• B) voters' preferences are unknown.
• C) benefits are small.
• D) voters are well informed and evaluate the alternatives.
• E) politicians need to be elected by majority votes.

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Definitions:

Outcome

The result or effect of an action, situation, or event, typically in the context of healthcare or research.

Gravida

An alphanumeric (G1, G2, G3, etc.) that indicates how many times a woman has been pregnant in her life.

Pregnant

The condition of having a developing embryo or fetus in the uterus, typically lasting about 40 weeks from the last menstrual period to childbirth.

Excessive Weight

A condition characterized by carrying more body fat than is healthy, often calculated using the body mass index (BMI).