Essay
Three friends are planning to go out for dinner. However, unable to decide a place unanimously, they decided to vote for three of the restaurants they visit regularly. The first restaurant serves Chinese cuisine and is most expensive, the second one is an Italian food joint that is moderately expensive and the third one is a fast food joint that is the least expensive option. The table below shows their respective preferences for each place.
What is likely to be the outcome of the vote if the median voter theorem holds?
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The Median Voter Theorem states that, wh...View Answer
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