Examlex
Define the concept of political culture. Why is it important to understand political culture, and how does it affect politics in the states and local governments? Using Daniel Elazar's categories of political culture, explain the category into which your state falls, and list several contributing factors behind your categorization.
Opportunity Cost
The loss of potential gain from other alternatives when one option is chosen.
Accounting Profits
The difference between total revenue and explicit costs of a business, calculated using principles of accounting.
Economic Profits
The surplus left after total costs (including both explicit and implicit costs) are subtracted from total revenues.
Short-Run Marginal Costs
Costs associated with producing one more unit of a good or service in the short term, where some inputs are fixed.
Q5: The reputational approach is a method for
Q20: Explain the effects of the decisions in
Q23: The National Voter Registration Act of 1993
Q39: Denver's new opera house, Chicago's Millennium Park,
Q41: In a typical chamber, the presiding officer
Q42: State lotteries are<br>A)criticized as they are costly
Q42: Responsibility is the right to tell others
Q46: Major factors that help explain nonparticipation in
Q47: The advantages of federalism include all of
Q54: State mandates is a process where<br>A)local governments