Log out Go to App
Go to App

Learning Materials

Features

Discover

Chapter 18: Q 2. (page 440)

What is the cost of voting in an election?

Short Answer

Expert verified

The vote is a collective decision made by a group.

Step by step solution

01

Step 1. Definition

Voting is a method by which people or organizations collectively come to a decision or express their opinion. Democracies in various countries elect their representatives of high office through voting.

02

Step 2. Explanation

So the cost of voting in an election covers various costs not only the monetary costs.

Like the cost of transportation cost of campaigns, cost of the meeting, cost of your time invested, etc. The cost of becoming informed is also considered in the cost of voting, explicit costs, implicit costs like you are learning about the political policies, your time opportunity cost. So, these are a few examples of the cost of voting in an election.

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Start your free trial

Over 30 million students worldwide already upgrade their learning with Vaia!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Most popular questions from this chapter

How can pork-barrel spending occur in a situation of majority voting when it benefits only a small group?

Given that rational ignorance discourages some people from becoming informed about elections, is it necessarily a good idea to encourage greater voter turnout? Why or why not?

How does rational ignorance discourage voting?

Representatives of competing firms often comprise special interest groups. Why are competitors sometimes willing to cooperate in order to form lobbying associations?

How is it possible to bear a cost without realizing

it? What are some examples of policies that affect

people in ways of which they may not even be aware?
See all solutions

What do you think about this solution?

We value your feedback to improve our textbook solutions.

Study anywhere. Anytime. Across all devices.

Sign-up for free