The Core Principle Underlying Representative Democracy Is

question 3

Multiple Choice

The core principle underlying representative democracy is

• A) the franchise.
• B) majoritarianism.
• C) proportional representation.
• D) the multiparty system.
• E) the two-party system.

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Definitions:

Marginal Cost

Marginal cost is the additional cost incurred from producing one more unit of a good or service.

Producing Bagels

The process of making bagels, which involves mixing, shaping, boiling and then baking dough, typically in a commercial or artisanal bakery setting.

Total Cost

The complete cost of producing a specific quantity of goods or services, including fixed and variable costs.

Average Fixed Cost

Production's unchanging overheads split by the volume of goods produced.