Anyone Who Meets the Constitutional Requirements Can Run for Congress

question 21

Multiple Choice

Anyone who meets the constitutional requirements can run for Congress. Despite this, candidates with pedigree tend to have an easier time getting elected. Why might this be?

• A) Americans prefer to elect people from wealthier families to Congress
• B) They have the means to establish themselves in the early stages of a campaign
• C) Once someone in your family has served in Congress anyone related to the member may send mail for free
• D) Members of the media

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Definitions:

Long-run Total Costs

The total costs incurred by a firm when all inputs are variable and can be adjusted.

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale as fixed costs are spread out over more units of output.

Long-run Average Total Cost

The average cost per unit of output when all inputs, including capital, are variable, analyzed over a period when all factors of production can be adjusted.

Economies of Scale

The cost advantage that arises with increased output of a product, resulting in a decrease in the per-unit cost as the scale of production is enlarged.