Which Term Is Used to Describe How Interest Groups Go

question 52

Multiple Choice

Which term is used to describe how interest groups go about influencing government officials?

• A) networking
• B) negotiating
• C) associating
• D) lobbying
• E) campaigning

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Definitions:

Opportunity Cost

The cost of foregoing the next best alternative when making a decision or choosing one option over another.

Market Value

The current price at which an asset or service can be bought or sold in an open market.

Opportunity Cost

The expense incurred from not choosing the optimal alternative available during decision-making.

College Tuition

The fee that institutions of higher education charge for enrollment and instruction.