Competition in the political marketplace can result in the efficient provision of a public good if
A) there is only one political party.
B) voters' preferences are unknown.
C) benefits are small.
D) voters are well informed and evaluate the alternatives.
E) politicians need to be elected by majority votes.

Question

Quizplus · Accepted Answer

When voters are well-informed and evaluate alternatives, they are more likely to choose politicians who offer efficient provision of public goods. This competition among politicians to gain voter support can lead to efficient provision of public goods.

Competition in the Political Marketplace Can Result in the Efficient