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Q. Hotel ling's model has been used to state differentiation in the political "market." Suppose which 100 voters are evenly arrayed between the extreme left also the extreme right on the political spectrum also which all voters vote also 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 lay to the left also fifty to the right. At the extreme right end, all 100 voters lie to the left.

Business Economics, Economics

  • Category:- Business Economics
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