Answer the question on the basis of the following table that shows the total costs and total benefits facing a city of five different potential baseball stadiums of increasing size. All figures are in millions of dollars.
Applying the median-voter model and assuming that there are equal numbers of voters supporting each stadium, we would expect
A) stadium C to be built, which would be the most socially efficient outcome.
B) stadium C to be built, but this would not be the most socially efficient outcome.
C) stadium D to be built because it produces the most socially efficient outcome.
D) no stadium to be built, because of political gridlock.
Correct Answer:
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