Multiple Choice
Hotelling's model has been used to describe differentiation in the political "market." Suppose that 100 voters are evenly distributed 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. To an economic naturalist, this model helps explain why political candidates:
A) take more extreme positions than are held by the general population.
B) move toward more centrist positions during campaign season.
C) work to bring federally funded projects to their home districts.
D) are loyal to their political parties.
Correct Answer:

Verified
Correct Answer:
Verified
Q3: One thousand adults live in Milltown. Every
Q40: In a repeated prisoner's dilemma, players:<br>A)never learn
Q89: Miniville is an isolated town located on
Q91: Player 1 and Player 2 are playing
Q92: P-TV and QRS-TV are trying to decide
Q93: Refer to the figure below. Player A
Q95: Miniville is an isolated town located on
Q97: Suppose two companies, Macrosoft and Apricot, are
Q99: Suppose Firm A and Firm B are
Q143: The dilemma in a prisoner's dilemma is