In a simple majority vote on a public project,
A) the project will never be undertaken if the costs exceed the benefits.
B) the project may be undertaken even though the total costs exceed the total benefits.
C) the intensity of individual preferences is taken into account.
D) the project will always be undertaken if the total benefits exceed the total costs.

Question

Quizplus · Accepted Answer

In a simple majority vote, the project may still be undertaken even if the costs exceed the benefits, as long as a majority of voters approve of it. This means that the total benefits may not necessarily exceed the total costs, but rather it depends on the preferences and opinions of the voters.

In a Simple Majority Vote on a Public Project