What Is Defined as the Activities That Help Individual Constituents,particularly

question 9

Multiple Choice

What is defined as the activities that help individual constituents,particularly by cutting through bureaucratic red tape?

• A)Gains from trade
• B)Casework
• C)Logrolling
• D)The pork barrel -Consider This: These are spending projects that create jobs and thus help members of Congress get re-elected.This has nothing to do with cutting re-tape.

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Definitions:

Nash Equilibrium

A concept in game theory where no player can gain by changing strategies if the other players keep their strategies unchanged, representing a situation of mutual best responses.

Marginal Cost

The extra expense associated with manufacturing an additional unit of a product or service.

Cartel

An agreement among competing firms to control prices or exclude entry of a new competitor in a market.

Marginal Cost

The change in total cost that arises when the quantity produced is increased by one unit.