Median Voter Decisions May Not Yield Efficient Allocations of Resources

question 8

Multiple Choice

Median voter decisions may not yield efficient allocations of resources because:

• A)votes are allocated differently than income.
• B)externalities may cause private and social costs to diverge.
• C)free riders will cause too few public goods to be produced.
• D)the median voter may not be the same as the mean voter.