If the median voter theorem holds,
a. a Borda count will violate the principle of transitivity.
b. the Condorcet paradox also holds.
c. minority views will not receive much consideration.
d. All of the above are correct.
c
Economics
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In the short run, changes in output can only be brought about by a change in the quantity of variable inputs
Indicate whether the statement is true or false
Economics
If the price of a competitive firm's output increases, the firm responds in the short run by demanding more labor
What will be an ideal response?
Economics