Figure 1 Illustrates a Situation of a Unicameral Legislature in Which

question 27

Multiple Choice

Figure 1 illustrates a situation of a unicameral legislature in which there is a median voter (MV) and a status quo policy (SQ) arrayed along a single left-right issue dimension that runs from 0 (most left) to 10 (most right) . The MV is assumed to have a single-peaked utility function and to vote for the policy that is located closest to her ideal point. Assume that a voter will vote for a new policy over the status quo if she is indifferent between them.
Figure 1: Illustrating a Unicameral Legislature

-In Figure 1, what is the range of policies that the median voter prefers to the status quo?

• A) 3-5
• B) 0-10
• C) 3-6
• D) 3-9
• E) 6-10

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Definitions:

Supply of Strawberries

The total quantity of strawberries that producers are willing and able to sell at a given price over a specified period of time.

Need for Pickers

The demand for laborers who manually harvest crops or pick goods in industries such as agriculture or warehousing.

Competitive Industry

An industry in which many firms compete against each other to sell similar products or services.

Economic Profits

The gap between total income and the sum of all costs, covering both direct and indirect expenses.