Which of the Following Groups Has the Largest Number of Congressional

question 93

Multiple Choice

Which of the following groups has the largest number of congressional members in 2010?

• A) Asians
• B) African Americans
• C) Hispanics
• D) Native Americans

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Definitions:

Profit-maximizing Output

The level of production at which a business achieves the highest possible profit.

Cournot Model

An economic model used to describe an industry structure in which companies compete on the amount of output they will produce, which they decide upon independently of each other and at the same time.

Prevail

To be widespread or dominant, or to win against opposing forces.

Concentration Ratio

A measure used in economics to assess the extent of market control held by the largest firms within an industry.