Posted: March 23rd, 2017

Major political parties typically offer “middle-of-the-road” platforms rather than take extreme positions. Is this consistent with the concepts of the median voter and rational ignorance discussed in this chapter? A firm is described as combining managerial coordination with market exchange in order to produce its good or service. Does similar behavior occur in government bureaus? Explain.

Major political parties typically offer “middle-of-the-road” platforms rather than take extreme positions. Is this consistent with the concepts of the median voter and rational ignorance discussed in this chapter? A firm is described as combining managerial coordination with market exchange in order to produce its good or service. Does similar behavior occur in government bureaus? Explain.

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