50) (Consider This) Voter failure describes the situation where:A) government officials make poor decisions that contradict voterpreferences. B) voter preferences cannot be adequately capturedbecause of a voting paradox. C) an insufficient number of votersturn out to express their preferences. D) voters support policiesthat would reduce productive and allocative efficiency.

51) In a sporting goods store, you can buy the equipment youwant and forgo the rest. But in an election you "buy" the entirerange of the candidate's positions, including some you may notagree with. This difference:A) describes the paradox of voting. B)describes the principal-agent problem in the public sector. C)creates bureaucratic inefficiency in the public sector. D) reflectslimited and bundled choices in the public sector.

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50 D voters support policies that would reduce productive and allocative eff... View the full answer