Majority-rule voting
A) is economically efficient.
B) is never economically efficient.
C) may or may not be efficient, depending upon the preferences of the voters.
D) is economically efficient only in a democracy.
E) is economically efficient only if there is a median voter.

Question

Quizplus · Accepted Answer

The efficiency of majority-rule voting depends on the preferences of the voters. If the preferences are evenly split and there is no clear majority, it may lead to inefficiency with a minority being unsatisfied with the outcome. However, if there is a clear majority, then majority-rule voting can be economically efficient.

Majority-Rule Voting