A Politician, Who Wants to Receive the Maximum Number of Votes

question 44

Multiple Choice

A politician, who wants to receive the maximum number of votes, spends 9 hours a week speaking to various groups. The table below shows his estimates of how time spent with each group will affect the number of votes he receives:

$\begin{array}{cccc}&\text { Total Number of Votes from Speaking to: }\\\text { Hours Per } & \text { Loyal Party } & \text { Town } & \text { Local Civic } \\\text { Week } & \text { Members }(L M P) & \text { Meetings }(T M) & \text { Leaders }(\text { LCL }) \\\hline 1 & 400 & 200 & 300 \\2 & 750 & 380 & 560 \\3 & 1050 & 530 & 760 \\4 & 1300 & 640 & 920 \\5 & 1500 & 700 & 1000 \\6 & 1600 & 740 & 1060\end{array}$
-How many EXTRA votes will the politician receive if he devotes one more hour to speaking engagements (i.e., speaks 10 instead of 9 hours per week) ?

• A) 150
• B) 180
• C) 200
• D) 380
• E) none of the above

Explore the characteristics and effects of natural monopolies.

Understand the characteristics and outcomes of monopolistic markets versus perfect competition.

Analyze the economic impacts of monopolies on prices and output levels.

Identify barriers to entry in monopolistic markets.

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Definitions:

Public Relations

The practice of managing the spread of information between an individual or an organization and the public.

PR Practitioner

A professional specializing in public relations, responsible for maintaining and improving the image and relationships of their organization with the public.

Overflow Crowd

An audience or group of people that exceeds the capacity of the venue or space intended for the event, gathering, or meeting.

Cause Promotions

When an organization provides or donates money to support or increase awareness and concern for a cause or charity.