The Prevailing Theory of Democratic Consolidation That Relates Democracy to Income

question 41

Multiple Choice

The prevailing theory of democratic consolidation that relates democracy to income posits that ______.

• A) consolidation is tied to modernization and development
• B) democratization will not occur in societies with high degrees of inequality or high degrees of equality
• C) democratization will occur in societies with high degrees of inequality
• D) consolidation can only occur if different groups in society are treated equally

---

Definitions:

Average Total Cost

The total cost of production (including fixed and variable costs) divided by the number of units produced, indicating the per-unit cost of production.

X-Inefficiency

Inefficiency in an organization's allocation of resources due to a lack of competitive pressure, often leading to higher costs and lower output.

Profit-Maximizing Output

The point of production where a company reaches its maximum profit potential.

Economies Of Scale

The cost advantages that businesses obtain due to the scale of operation, with cost per unit of output decreasing with increasing scale.