Question | Assume there’s an election coming up in which voters need to decide between two candidates on the question of taxes. Polls indicate the following attitudes about taxes among likely voters. Level of taxation (%) Percent of voters in favor (%) No taxes ……………………………………….. 10 10 ……………………………………………… 20 20 ……………………………………………… 40 25 ……………………………………………… 30 Candidate A proposes a 20 percent tax, and Candidate B a 15 percent tax. According to the median-voter theorem, which candidate will win? |
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Subject | business-economics |