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The Party That Secures the Most Votes Always Wins the Election

question 32

True/False

The party that secures the most votes always wins the election and forms government.


Definitions:

Marginal Cost

The rise in overall expenses due to the production of an additional unit.

Marginal Benefit

The extra pleasure or benefit derived from consuming an additional unit of a product or service.

Corporate Job

Employment within a company or organization that usually involves office-based work, specialized roles, and hierarchical positions.

Opportunity Cost

is the loss of potential gain from other alternatives when one alternative is chosen.

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