In the United States, Third Parties Are Usually Influential for Only

question 14

Multiple Choice

In the United States, third parties are usually influential for only a short time because their

• A)electoral support is geographically dispersed.
• B)ideas are usually ignored by the major parties.
• C)electoral support is demographically dispersed.
• D)ideas are usually absorbed by one of the major parties.
• E)leaders run out of money and enthusiasm.

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Definitions:

Third-Degree Price Discrimination

Third-degree price discrimination occurs when a seller charges different prices to different consumer groups for the same product or service, based on varying demand elasticities.

Monopolist

A single seller in a market who has significant control over the price and supply of a particular good or service, often due to the absence of viable competition.

Individual Buys

Transactions where an individual acquires goods or services for personal use, often analyzed in the context of consumer behavior and market demand.

Output

The total amount of goods or services produced by an individual, company, or economy.