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According to the Text, What Are the Three Fundamental Benchmarks

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According to the text, what are the three fundamental benchmarks of representative democracy?


Definitions:

Marginal Revenue

The income enhancement from the sale of one more unit of a product or service.

Total Revenue

The total amount of money a company receives from selling its goods or services, calculated by multiplying the price by the quantity sold.

Total Revenue

The full amount of income generated by the sale of goods or services before any costs are deducted.

Price Per Unit

A measure that indicates the cost of a single unit of a product or service.

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