An Individual Is an Ardent Supporter of a Specific Candidate

question 11

Multiple Choice

An individual is an ardent supporter of a specific candidate in a federal election.This person wants to contribute $2800 to the candidate's campaign.How can the individual make this kind of contribution? The individual can give: (Select all that apply.)

• A) $2600 to the candidate and $200 to the national party.
• B) all of it to the candidate of choice without restriction.
• C) half to the candidate and the other half to the national party.
• D) the entire amount to the national party without restriction.

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Definitions:

Budget Constraint

The limit on the consumption patterns of individuals or entities, based on their income and the prices of goods and services.

Marginal Utility

The additional satisfaction or utility received by consuming an additional unit of a good or service.

Marginal Utility

The additional satisfaction or utility that a person receives from consuming one additional unit of a good or service.

Budget Line

A graphical representation of all possible combinations of two goods or services that can be purchased with a given budget.