Multiple Choice
Find an equation that has the given solutions. 
, 
, 
Examine the role of majority voting in economic decisions and its potential to produce inefficient outcomes.
Understand the concept and implications of the principal-agent problem in both private and public sectors.
Evaluate the efficiency of resource allocation in majority voting and the paradox of voting.
Describe the median-voter model and its implications for political outcomes and public service provision.
Definitions:
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