If a project is efcient (its total benets exceed its total costs), would it be possible to
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If a project is efcient (its total benets exceed its total costs), would it be possible to allocate the cost of the project in a manner that would provide net benets to each voter? Why or why not? Explain. Will efcient projects necessarily be favored by a majority of voters? Explain.
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Related Book For
Microeconomics Private And Public Choice
ISBN: 9781305506893
16th Edition
Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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