Ceteris Paribus, as More and More of an Activity Is

question 29

Multiple Choice

Ceteris paribus, as more and more of an activity is done, the additional benefits derived from the activity decreases represents

• A)the law of increasing marginal costs
• B)the law of diminishing marginal costs
• C)the law of increasing marginal benefits
• D)the law of diminishing marginal benefits

---

Definitions:

Substantial Government Interest

A significant justification employed by the government to enforce regulations, usually in areas impacting health, safety, and welfare.

Advertising

The activity or profession of producing advertisements for commercial products or services.

Law Enforcement Official

is an individual authorized to enforce laws, conduct arrests, and maintain public order, such as police officers or federal agents.

Personal Financial Data

pertains to individual information concerning financial status, including income, investments, debts, and spending habits.