If the two political parties propose similar or identical policies,they are following the principle of
A) rational ignorance.
B) inefficient overprovision.
C) free riding.
D) minimum differentiation.
E) the commons.

Question

Quizplus · Accepted Answer

The principle of minimum differentiation refers to the situation where two political parties propose similar or identical policies to attract as many voters as possible. This principle aims to increase the parties' chances of winning by minimizing the perception of differences between the parties. Therefore, D is the correct choice. A refers to the situation where voters choose not to become informed about policies, while B and E relate to situations where resources are overused or depleted. C refers to individuals benefiting from collective goods without contributing to their provision, which is not applicable to this scenario.

If the Two Political Parties Propose Similar or Identical Policies,they