17. Asymmetric Information, Voting, and Public Choice
Condorcet Voting Paradox
Multiple Choice
Multiple ChoiceWhich of the following is true regarding the Condorcet voting paradox?
A
Majority voting is the best method for allocating society's resources
B
Voters will not vote if their first choice is not available
C
Only unanimous voting systems are efficient
D
Different outcomes can occur based on the order of the voting agenda
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