Parties Have Been Affected,and in General Weakened,by

question 11

Multiple Choice

Parties have been affected,and in general weakened,by

• A)the movement of people to urban areas.
• B)a decline in the number of lobbyists.
• C)decreases in district size.
• D)candidate-centered politics.
• E)voters emphasizing the importance of political issues.

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Definitions:

Marginal Revenue

The extra revenue a company earns by selling an additional unit of a product or service.

Prices

The cash amount one needs to spend to obtain a good, service, or asset.

Marginal Cost

The uptick in cumulative expenses that comes from producing an additional unit of a product or service.

Total Revenue

The total receipts from sales of a given quantity of goods or services.