One Prediction of the Median-Voter Model Is That During Elections

question 129

True/False

One prediction of the median-voter model is that during elections, candidates will tend to become "centrists."

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Definitions:

Demand Curve

A graph showing the relationship between the price of a good or service and the quantity demanded by consumers.

Inelastic Demand

A situation where the demand for a good or service is relatively unresponsive to changes in price.

Total Revenue

The total income received by a firm from sales of its products or services.

Increase

A rise or growth in quantity, size, number, or some other measure.