Public Choice Theorists Say That the Greater the Number of Potential

question 22

Multiple Choice

Public choice theorists say that the greater the number of potential voters in an election,the __________ the perceived benefits of voting held by each voter,and so the __________ the likely percentage turnout of voters.

• A) greater; lower
• B) greater; higher
• C) smaller; lower
• D) smaller; higher

---

Definitions:

T-account

A visual representation of a general ledger account, showing debit and credit transactions and the resulting balance.

Raw Materials

The basic substances used in the production of goods, often processed in several steps before becoming part of the final product.

Advertising Costs

The expenses incurred in promoting a product, service, or business, typically through various media channels.

Overapplied Manufacturing Overhead

A situation where the allocated manufacturing overhead costs are more than the actual overhead costs incurred.