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Do members of Congress owe their attention to every single constituent or only those who were involved in the political process? And, what if those not involved could not spare the money or time to be involved?
o Optional mid-discussion additional question: What about the fact that elections are THE way that citizens choose what views are represented in Congress?
Competitive Firms
Businesses that operate in a market environment where they vie with others to offer goods or services, focusing on price, quality, and innovation.
Monopolists
Individuals or entities that hold a monopoly, controlling the entire supply of a good or service in a particular market, eliminating competition.
Long Run
A period in which all factors of production and costs are variable, allowing firms to adjust to market conditions.
Plant Size
The physical capacity or scale of a manufacturing facility, which can influence production output and operational efficiency.
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