What Is the Core Argument of Anthony Downs's Landmark 1957

question 55

Multiple Choice

What is the core argument of Anthony Downs's landmark 1957 work,An Economic Theory of Democracy?

• A)People vote if the returns outweigh the costs.
• B)Property owners vote less frequently than renters.
• C)Citizens need more than two political parties to be adequately represented.
• D)People will not vote if they do not see meaningful distinctions between the candidates.

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Definitions:

Fixed Cost

Costs that do not vary with the volume of production or sales, remaining constant regardless of the level of business activity.

Wages And Salaries

Compensation paid to employees for their labor, including both hourly wages and fixed salaries.

Activity Variance

A measure used in budgeting and accounting to compare actual activity levels to predetermined expectations or standards.

Cost Formula

A mathematical expression that calculates the total cost by combining fixed costs, variable costs per unit, and the number of units produced or sold.