_____ increase as we move away from unanimity rule.
A) External costs
B) Internal costs
C) Pareto efficiency
D) decision-making costs
Correct Answer:
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Q5: Which of the following is not true
Q6: In the context of collective decision-making,external costs
Q7: It is correct to say that individuals
Q8: Translating the preferences of each individual into
Q9: Which of the following is not a
Q11: From an economic standpoint,if one believes that
Q12: Political decisions will be _ only if
Q13: A unanimity rule for collective decision making
Q14: Collective decision making costs _.
A)decrease as we
Q15: As the percentage of a group required
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