The median voter theorem states that
a. the median voter will never hold the decisive vote in an election.
b. policies that are enacted will be least preferable to the median voter.
c. the median voter will hold the decisive vote in an election

For there to be positive network externalities

A) there must be a direct size effect. B) there must be an indirect size effect. C) introductory prices are required. D) None of the above.

Under a negative income tax program, the higher the income earned in the marketplace, the higher will be the family's after-tax income

a. True b. False Indicate whether the statement is true or false