The median voter's preferred outcome is the same as the

A) average preferred outcome.
B) outcome preferred by the greatest number of voters.
C) outcome produced by majority rule.
D) outcome preferred by Arrow's "perfect" voter.

The median voter theorem suggests that in a majority rule voting system, the preferred outcome of the median voter will be the one that is chosen, as it is the position that divides the electorate in half, with half preferring that outcome or something more extreme in one direction and the other half preferring it or something more extreme in the other direction. This is different from the average preferred outcome, the outcome preferred by the greatest number of voters (which could be different if preferences are spread out), or Arrow's concept of a "perfect" voter, which is a theoretical construct from social choice theory and not directly related to the median voter's preferences.