Foundations of Economics (8th Edition)
Foundations of Economics (8th Edition)
8th Edition
ISBN: 9780134486819
Author: Robin Bade, Michael Parkin
Publisher: PEARSON
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Chapter 11, Problem 5SPPA
To determine

To explain:

The capacity that the voters will choose if they are aware of the costs and benefits of the system and whether the bureaucrats will install the efficient capacity if voters are ignorant.

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