A Virtuous Cycle Occurs

question 251

Multiple Choice

A virtuous cycle occurs

• A)when lobbyists petition members of Congress to grant a public franchise; the lobbyist then raise money for those Congress members who granted the franchise.
• B)when monopoly profits are used to create new products for additional monopoly profits.
• C)when a firm can attract enough buyers initially to increase a product's usefulness to attract even more buyers.
• D)when a firm's sales volume reaches a level where the firm can take advantage of economies of scale; thereby reducing the price of the product to further boost its sales.

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Definitions:

Noam Chomsky

An eminent linguist and political activist, known for his revolutionary theories on language acquisition, including the concept of a universal grammar.

Grammar Rules

Guidelines that govern the use of language, including word formation, sentence structure, and punctuation, making communication clear and effective.

Productive Language

The use of language to produce coherent, meaningful communication, usually measured by the ability to form sentences or convey ideas verbally or in writing.

Telegraphic Speech

A stage in language development where children use two-word phrases that communicate essential information, mimicking the brevity of a telegram.