Table 22-18 the Following Table Shows the Preferences of Four Types of Types

question 291

Multiple Choice

Table 22-18
The following table shows the preferences of four types of voters over four possible alternatives as well as the percentage of the electorate with the given preferences.
-Refer to Table 22-18. Suppose before any voting takes place that alternative W is eliminated as an option. Based on this information, the median voter's first choice is

• A)X
• B)Y
• C)Z
• D)The median voter's first choice cannot be determined from the information given.

---

Definitions:

Entrepreneurial Firms

Businesses characterized by innovative strategies, processes, and a risk-taking mindset aimed at market impact and growth.

Survival

The ability of an organism, individual, or organization to continue existing and functioning in spite of environmental challenges or threats.

First-Mover Advantage

The advantage in competition acquired by the first major player in a market niche.

Market Niche

A specific segment of the market on which a business focuses its products or services, often defined by unique customer needs or preferences.