Sometimes Votes Are Held Open Much Longer Than the Time

question 29

Multiple Choice

Sometimes votes are held open much longer than the time designated. Who is responsible for ending the voting period in the House?

• A) House Majority leader
• B) The floor manager
• C) Chair of the Rules Committee
• D) Presiding officer

---

Definitions:

Producer Surplus

The amount a seller is paid for a good minus the seller’s cost of providing it.

Economic Profits

The difference between total revenue and total costs, including both explicit and implicit costs, indicating the financial gain exceeding all costs.

Monopoly

A market structure characterized by a single seller dominating the market, with no close substitutes for the product, giving the seller considerable power over prices.

Elasticity Of Demand

A measure of how much the quantity demanded of a good responds to a change in price, indicating the sensitivity of consumers to price changes.