Interest Groups

question 25

Multiple Choice

Interest groups

• A) are policy generalists.
• B) help bridge the gap between citizens and government.
• C) seek to win elections.
• D) seek to operate the government.
• E) compete for public office.

---

Definitions:

High-Price Buyer

A consumer or entity that is willing to purchase goods or services at prices higher than the average market rate.

Lower Price Buyer

A consumer or organization that prioritizes purchasing goods or services at the lowest available price, often impacting supplier choices and negotiation practices.

Revenue Management

The strategic use of pricing, timing, and other variables to maximize income, often used in hotel, airline, and event ticketing industries.

Expected Profit

A forecasted financial gain, derived from projecting future income and deducting anticipated costs.