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Suppose we are trying to predict the positions that three candidates will take on who should be eligible for public-housing subsidies (e.g., poor families, the elderly, poor families with children, and so on). Can we use the median-voter theorem to analyze this problem? Explain why or why not, based on which of the assumptions of the median-voter theorem are met by this situation.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M92762062

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