Which of the Following Would NOT Constitute an Example of Patronage

question 8

Multiple Choice

Which of the following would NOT constitute an example of patronage?

• A) A Senator from Virginia adding a project for a $3.5 million horse trail in Virginia to a highway bill.
• B) A Senator from New York voting in favor of a law to eliminate earmarks.
• C) A member of the House helping a senior citizen who lives in their district overcome problems with their Social Security benefit eligibility.
• D) A member of the House securing an appointment to one of the military academies for the child of a constituent.
• E) A member of the House sponsoring a bill to obtain legal status for an undocumented couple whose son had died as a Marine in Iraq.

Recognize the factors leading to the emergence of monopolies and how they can maintain their monopoly power.

Identify the role of barriers to entry in maintaining a firm's market power.

Discuss the impact of economies of scale on market structures and firm size.

Explain the purpose and effects of patents, licensing, and regulatory barriers on competition and innovation.

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Definitions:

Norms and Conformity

Relate to the implicit rules governing expected behavior within a group and the extent to which individuals adjust their behavior to align with group standards.

Team Dynamics

The behavioral relationships and processes that influence the effectiveness and productivity of a team.

Organizational Rules

Guidelines and procedures established within an organization to regulate behavior and processes, ensuring smooth operations and consistency.

Norms

Shared guidelines or rules of behavior that dictate what is considered proper or improper within a group or society.