Which Theory Argues That the Distribution of Power Changes Very

question 22

Multiple Choice

Which theory argues that the distribution of power changes very little, if at all, over time?

• A) pluralist theory
• B) elite theory
• C) state-centred theory
• D) power resource theory

---

Definitions:

Compensating Variation

A measure of the change in income that would leave a consumer's utility unchanged before and after a change in price or economic environment.

Consumption

The act of using goods and services for personal needs or to generate utility.

Utility Function

A mathematical representation of how different combinations of goods or services can result in varying levels of satisfaction or utility to a consumer.

Consumer's Surplus

The difference between what consumers are willing to pay for a good or service and what they actually pay, representing the benefit consumers receive from the purchase.