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A Relatively New Form of Citizen Participation, ______ Allows Citizens

question 32

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A relatively new form of citizen participation, ______ allows citizens to access government agencies and their policies through various Web sites.


Definitions:

Market Price

The existing rate at which a service or asset is offered for buying or selling in a certain market.

Consumer Surplus

The difference between the amount that consumers are willing to pay for a good or service and the actual amount they pay.

Deadweight Loss

The total loss of producer and consumer surplus from underproduction or overproduction.

Underproduction

A situation where the quantity produced of a good or service is less than the socially optimal level, often leading to market failure.

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