Which of the following is TRUE about the political and market systems of voting?

Question

Which of the following is TRUE about the political and market systems of voting?

The political voting system functions according to majority rule, while the market voting system functions according to proportional rule.

The political system and the market system are identical.

The political voting system functions according to proportional rule, while the market voting system functions according to majority rule.

The political voting system functions according to minority rule, while the market voting system functions according to majority rule.

Explanation / Answer

The political voting system functions according to majority rule, while the market voting system functions according to proportional rule.

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