d. In exercise 28.3, we suggested that one way to view the decision of whether or not
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d. In exercise 28.3, we suggested that one way to view the decision of whether or not to vote is by comparing the marginal benefit of voting to the marginal cost. The marginal benefit of voting includes the probability that one’s vote will determine the outcome of the election. If this is a major consideration in people’s decision of whether to vote, how would you expect voter participation in presidential elections to differ across states?
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Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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