Suppose a vote was taken in a small town of 11 people to determine how much of the budget should go toward education spending.Five individuals want 10 percent,five individuals want 80 percent and one person wants 25 percent.According to the median-voter theorem,the chosen amount to spend on education will be:

Question

Quizplus · Accepted Answer

The median-voter theorem states that the outcome of a majority vote is likely to represent the preferences of the median voter. In this case, the median voter is the sixth person when the preferences are ordered, who wants 25 percent of the budget for education.

Suppose a Vote Was Taken in a Small Town of 11