Chapter 18: Q 2. (page 440)
What is the cost of voting in an election?
Short Answer
Expenditure on infrastructre, cost of gathering knowledge.
Chapter 18: Q 2. (page 440)
What is the cost of voting in an election?
Expenditure on infrastructre, cost of gathering knowledge.
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Get started for freeWhat is the main factor preventing a large community from influencing policy in the same way as a special interest group?
Suppose there is an election for Soft Drink Commissioner. The field consists of one candidate from the Pepsi party and four from the Coca-Cola party. This would seem to indicate a strong preference for Coca-Cola among the voting population, but the Pepsi candidate ends up winning in a landslide. Why does this happen?
AT&T spent some $10 million dollars lobbying Congress to block entry of competitors into the telephone market in 1978. Why do you think it efforts failed?
How can pork-barrel spending occur in a situation of majority voting when it benefits only a small group?
Why does a voting cycle make it impossible to decide on a majority-approved choice?
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