If issues can be ranked along a one-dimensional continuum, a ...

[nummyann]

If issues can be ranked along a one-dimensional continuum, a successful political candidate will be an individual who is best able to align her political platform to the positions of the median voter.
 
  a. True b. False

Question 2

Even though fixed costs do not affect the output decision, an increase in fixed costs results in a wider range of prices for which the firm operates at a loss.
 
  What will be an ideal response?

[Qarqy]

Answer to Question 1

a

Answer to Question 2

True. An increase in fixed costs will shift AC upward but leave AVC unchanged. The gap between AVC and AC represents prices at which the firm will operate at a loss.