The median voter's preferred outcome is the same as the
A) average preferred outcome.
B) outcome preferred by the greatest number of voters.
C) outcome produced by majority rule.
D) outcome preferred by Arrow's "perfect" voter.
Correct Answer:
Verified
Q168: The median-voter theorem explains why
A)politicians take extreme
Q169: Which of the following is an example
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A)firms are
Q171: When economists assume that people are rational,
Q172: The Borda count fails to satisfy which
Q174: Majority rule will produce the outcome most
Q175: An implication of the median voter theorem
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