To Say That Preferences Are Single Peaked Means That Everybody

question 5

True/False

To say that preferences are single peaked means that everybody either prefers more public goods to less or everybody prefers less public goods to more.

---

Definitions:

Esteem

Describes a psychological need that involves respect, self-esteem, and the acknowledgment from others, considered essential for social and individual development.

Belonging Needs

Basic human motivation to be an accepted member of a group.

Close-Knit

Describes a group of individuals who are tightly connected, share strong bonds, and support each other, often resembling a family-like relationship.

Desirable Effects

Positive outcomes or benefits that are sought after or deemed attractive in a given context.