To Be a Member of the House of Representatives, an Individual

question 61

Multiple Choice

To be a member of the House of Representatives, an individual must _____.

• A) be at least 25 years old
• B) be a U.S. citizen
• C) have been a U.S. citizen for seven years prior to running for office
• D) reside in the state that he or she represents
• E) fulfill all of these

---

Definitions:

Willingness to Pay

The maximum amount an individual is prepared to spend on a good or service, reflecting its perceived value.

Price

Price is the amount of money that must be paid to acquire a good or service.

Consumer Surplus

The gap between what consumers are ready and able to spend for a good or service and the actual amount they pay.

Willingness to Pay

The maximum amount an individual is prepared to expend on a good or service, reflecting the value they place on it.