What Can Be Concluded from the Data in This Table

question 77

Multiple Choice

What can be concluded from the data in this table?

• A) It is difficult to unseat an incumbent in the U.S. House.
• B) Senate challengers typically raise as much money as Senate incumbents.
• C) The amount of independent expenditures is miniscule in American politics.
• D) Federal campaigns collectively run into the tens of millions.

---

Definitions:

Prestige Pricing

A pricing strategy where prices are set higher than average to project exclusivity, quality, or luxury, appealing to consumers' status and prestige.

Standard Markup Pricing

Adding a fixed percentage to the cost of all items in a specific product class.

Cost-Oriented

A pricing strategy where the price of a product or service is determined by adding a profit margin to its production cost.

Profit-Oriented

Focused on achieving financial gain or maximizing profits as the primary goal of business operations.