When Only One Court Has Specific Authority to Decide a Particular

question 1

Multiple Choice

When only one court has specific authority to decide a particular type of case,the court has what kind of jurisdiction?

• A) Concurrent jurisdiction
• B) Exclusive jurisdiction
• C) Civil jurisdiction
• D) Original jurisdiction
• E) Administrative jurisdiction

---

Definitions:

ATC Curve

The ATC Curve, or Average Total Cost Curve, graphically represents the average cost per unit of output at different levels of production, typically showing a U-shaped curve due to the influence of fixed and variable costs.

Profit-Maximizing

The manner in which a company ascertains the ideal pricing and production scale to ensure peak profit.

Firm

A business organization, such as a corporation or partnership, which sells goods or services in exchange for money.

AFC

Average Fixed Cost, the fixed costs of production divided by the quantity of output produced.