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Majority Voting Produces Efficient Outcomes Because It Takes into Account

question 62

True/False

Majority voting produces efficient outcomes because it takes into account the strength of the preferences of individual voters.


Definitions:

Motion Picture Patents Company

An early film industry trust formed in 1908 by nine of the major film companies of the time, often criticized for its monopolistic practices.

Industrial Patents

Legal documents granted to inventors or assignees that provide exclusive rights to use, make, and sell an invention for a set period of time.

Sync-Sound Technology

Technology used in filmmaking that synchronizes the audio recording with the motion picture image, allowing for sound and picture to be recorded simultaneously.

Motion Picture Patent Company

An early American film industry trust, formed in 1908, that held patents essential for movie production and sought to control film distribution.

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