It Is Observed That the Person Representing the Middle Position

question 65

Multiple Choice

It is observed that the person representing the middle position on an issue will most likely determine the outcome of an election. This view is most closely associated with the:

• A) Fallacy of limited decisions
• B) Special-interest effect
• C) Paradox of voting
• D) Median-voter model

---

Definitions:

Top Management

The highest level of managers within an organization, responsible for setting policies and making critical decisions.

Materiality

A company-specific aspect of relevance. An item is material when its size makes it likely to influence the decision of an investor or creditor.

Activity Level

An indicator of the volume of business activity or operations in a specific period, often used in costing and budgeting to measure performance.

Fixed Costs

Costs that remain constant in total regardless of changes in the level of activity within a relevant range.