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Explain the View That Interest Groups Are Really an Elitist

question 27

Essay

Explain the view that interest groups are really an elitist phenomenon. Support or dispute this view with examples.


Definitions:

Demand Schedule

A table or graph that displays the quantity of a good or service demanded at various prices.

Total Revenue

The aggregate revenue a corporation generates from the sale of goods or provision of services in a designated period.

Marginal Revenue

The extra revenue obtained by selling an additional unit of a product or service.

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