The answer is: Cognitive component
The cognitive component of an attitude covers what we thought, believe, and perceive the situation around us.
The knowledge that we have related to the situation will make us either understand the cause of the situation, the future consequences, and the things that we can do to handle the situation. By knowing these things, the way we see the situation around us would be vastly different compared to those who do not have the information.
Are there any options?
I think a "representative democracy" is a good description. It's democracy as all the citizens have a say in how their country is governed, and it's a reprepresentative, rather than direct democracy, as they exercise this power through representatives.
If everyone participates the problem becomes easier and quicker to solve. You have more people participate you get more feedback.
Answer: The most noted monopoly problem is inefficiency. Market control means that a monopoly charges a higher price and produces less output than would be achieved under perfect competition. In addition, and most indicative of inefficiency, the price charged by the monopoly is greater than the marginal cost of production.
Explanation:
