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According to Duverger's Law, which of the following voting systems will eventually result in a two-party system?
Equilibrium Value
The stable value at which supply equals demand for a particular good, service, or financial instrument, leading to a balanced market condition.
Marginal Product
The additional output that results from using one more unit of a particular input, while holding other inputs constant.
Average Product
The output produced per unit of input, calculated by dividing total output by the number of units of a specific input.
Marginal Product
The boost in output stemming from an increment in input by one unit.
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