Majority voting ensures that government will produce only those public goods for which benefits exceed costs. Why?

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“Majority voting ensures that government will produce only those public goods for which benefits exceed costs.” Why?

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Microeconomics Principles, Problems and Policies

ISBN: 978-1259450242

20th edition

Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn

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Question Posted: Apr 24, 2018 08:46 AM

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Majority voting ensures that government will produce only those public goods for which benefits exceed costs. Why?

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Microeconomics Principles, Problems and Policies

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