Which of the Following Statements Best Represents the Hyperpluralist View

question 26

Multiple Choice

Which of the following statements best represents the hyperpluralist view?

• A)All legitimate interests in the political system can get a hearing from government once they are organized.
• B)Awesome power is held by the largest corporations.
• C)There are too many special interest groups getting too much of what they want.
• D)When one group throws its weight around too much,its opponents are likely to intensify their organization and thus restore balance to the system.

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Definitions:

Cartel

A group of independent market participants who collude to control prices and production in order to monopolize a market.

Fixed Cost

Costs that do not change with the level of output, such as rent or salaries.

Cartel

A formal agreement among competing firms to control prices or exclude entry of a new competitor in the market, often resulting in higher prices.

Marginal Cost

Marginal Cost is the cost of producing one more unit of a good or service, a crucial concept in economics for decision-making and pricing strategies.