According to Mancur Olson, Smaller Groups Are More Likely to Organize

question 68

Multiple Choice

According to Mancur Olson, smaller groups are more likely to organize because ___________________.

• A) elected leaders are more likely to be responsive to the issues of a smaller group's concerns
• B) members can more readily see the benefits and logic of working together than the same number working independently
• C) it is easier to collect dues and hold members accountable for their actions
• D) smaller groups can communicate more effectively through the "small group network" principles
• E) the smaller the membership, the more monetary gains each member will accrue

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Definitions:

Average Revenue

The amount of income that a company receives per unit of sale, calculated by dividing total revenue by the number of units sold.

Total Revenue

Total revenue represents the total income a firm receives from selling its goods or services, calculated as the quantity sold multiplied by the price per unit.

Competitive Market

A market structure characterized by a large number of buyers and sellers, where no single entity has the power to significantly influence prices or market conditions.

Average Revenue

The revenue received per unit of output sold.