Suppose a vote was taken among 7 district representatives about how much of the city budget should be spent on tourism advertising.Two prefer it to be 10 percent,two prefer 15 percent,and three prefer 50 percent.According to the median voter theorem,the chosen amount to spend on tourism advertising is:

Question

Quizplus · Accepted Answer

The median voter theorem states that the outcome of a majority vote is likely to represent the preference of the median voter. In this case, the median preference among the 7 representatives is 15 percent.

Suppose a Vote Was Taken Among 7 District Representatives About