According to ________ Representation, a Legislator Should Be Viewed as a Person

question 80

Multiple Choice

According to ________ representation, a legislator should be viewed as a person who is hired to represent the interests of his or her constituents.

• A) agency
• B) sociological
• C) mirroring
• D) trustee
• E) contract

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Definitions:

Market Price

The current market rate at which services or goods are offered for sale or purchase.

Cost Data

Information related to the expenses involved in producing a good or providing a service, used for pricing, budgeting, and financial analysis.

Pure Competition

Refers to a market structure where there are many sellers and buyers, products are homogeneous, and there is free entry and exit in the market.

Free Enterprise

An economic system based on private ownership, voluntary exchange, competition, and the freedom of individuals to engage in business transactions.