With multiple-peaked preferences,
A)a unique political equilibrium does not exist.
B)a voting paradox emerges.
C)all individuals have a point that is most preferred.
D)all of these answers are correct.

Question

Quizplus · Accepted Answer

Multiple-peaked preferences can lead to a lack of a unique political equilibrium (A), a voting paradox (B), and individuals having a most preferred point (C), making all options correct.

With Multiple-Peaked Preferences