Hotelling's Model Has Been Used to Describe Differentiation in the Political

question 98

Multiple Choice

Hotelling's model has been used to describe differentiation in the political "market".Suppose that 100 voters are evenly arrayed between the extreme left and the extreme right on the political spectrum,and that all voters vote,and they always vote for the candidate closest to them on this spectrum.The numbers on this spectrum represent the number of voters lying to the left of the number.So,at the midpoint,fifty voters lie to the left and fifty to the right.At the extreme right end,all 100 voters lie to the left.
Refer to the information given above.If Candidate X is running for office against Candidate Z,the result will be that:

• A) all voters to the left of Z will vote for X,and all voters to the right of Z will vote for Z.
• B) all voters who would have voted for Candidate Y will vote for Candidate X.
• C) Candidate Z will certainly win.
• D) Candidate X might win,but the result is uncertain.

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Definitions:

Chemical Compound

A substance consisting of two or more different elements bonded together in a fixed proportion.

Mood

The order of the standard forms that make up the premises and conclusion of a categorical syllogism.

Syllogism

A form of logical reasoning where a conclusion is drawn from two given or assumed propositions (premises); each of which shares a common or middle term not present in the conclusion.

Major Term

In a syllogism, the predicate of the conclusion, representing the category into which the subjects are being classified.