A Small but Powerful Minority, Comprised of Less Than 1

question 87

Multiple Choice

A small but powerful minority, comprised of less than 1 percent of Americans, is responsible for what portion of total American campaign contributions?

• A) less than 30 percent
• B) about 40 percent
• C) about 50 percent
• D) about 60 percent

---

Definitions:

Slope

The measure of steepness or incline, typically describing the change in the vertical over the change in the horizontal.

Price Elasticity

A measure of how the quantity demanded of a good or service changes in response to changes in its price, indicating the sensitivity of consumers to price changes.

Cable Subscribers

Consumers who pay for access to cable television services.

Unit Elasticity

A situation in economics where a change in the price of a good or service results in a proportional change in the quantity demanded or supplied.