Which of the following is not true of collective decision-making costs?
A) They impede collective action.
B) They are the reason why unanimity rule is not the optimal decision-making rule.
C) They imply that simple majority rule is the optimal decision-making rule.
D) They increase the closer the decision rule gets to unanimity.
Correct Answer:
Verified
Q1: The optimal collective decision rule _.
A)will be
Q2: The point where the sum of the
Q3: With a unanimity decision-making rule,external costs are
Q4: The optimal collective decision rule is found
Q6: In the context of collective decision-making,external costs
Q7: It is correct to say that individuals
Q8: Translating the preferences of each individual into
Q9: Which of the following is not a
Q10: _ increase as we move away from
Q11: From an economic standpoint,if one believes that
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