What Are the Two Fundamental Questions That Allow Us to Find

question 7

Multiple Choice

What are the two fundamental questions that allow us to find patterns and order in the chaos of politics?

• A)"Who governs?" and "How do they govern?"
• B)"Who runs for office?" and "Who wins?"
• C)"What do we observe?" and "Why?"
• D)"What is government?" and "Who runs it?"
• E)"Why do we need government?" and "Who runs it?"

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Definitions:

Price

The value that must be exchanged to obtain a good or service.

Quantity

Quantity refers to the amount or number of a material or immaterial good or service.

Marginal Cost

The price of manufacturing one additional product or service unit.

Marginal Revenue

The increase in income from the sale of one extra unit of a good or service.