Which of the Following Factors Is LEAST Responsible for the Predominance

question 45

Multiple Choice

Which of the following factors is LEAST responsible for the predominance of just two parties in the American political system?

• A) popular satisfaction with limited electoral choices
• B) election rules
• C) electoral finances
• D) state laws governing elections
• E) popular distrust of ideological extremism

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Definitions:

Profit Maximization

The process a firm uses to determine the price and output level that returns the highest profit.

Marginal Cost

The rise in overall expense due to the production of an extra unit of a good or service.

Output Produced

The total amount of goods or services created or produced by an economic unit, such as a company or country, within a specific period.

Substitution Effect

The change in the consumption of goods in response to a change in their relative prices, holding the consumer's level of utility constant.