Laws of General Application

question 5

Multiple Choice

Laws of general application

• A)do not apply to the media
• B)apply to the media in the same way as other businesses
• C)violate the First Amendment when applied to media because they directly infringe the freedoms of speech and of the press
• D)none of the above

---

Definitions:

Marginal Product

The additional output resulting from the use of an additional unit of a variable input, holding all other inputs constant.

Wage Rate

The amount of money paid to an employee per unit of time, often per hour or per year, for labor services.

Marginal Product of Labor

The additional output produced as a result of adding one more unit of labor, all else being constant.

Optimal Level of Resource Use

The most efficient, sustainable use of resources that maximizes benefits while minimizing negative environmental and economic impacts.