Which of the Following Is NOT an Example of Administrative

question 71

Multiple Choice

Which of the following is NOT an example of administrative law?

• A) Congress passes a law limiting awards in medical malpractice cases
• B) the FAA requires passengers on planes to show two forms of photo identification
• C) the FCC requires that television programs that air before 9 p.m. cannot contain references to sex
• D) the IRS eliminates tax deductions for charitable contributions
• E) the EPA enacts stricter regulations on automobile emissions

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Definitions:

Diminishing Marginal Product

The principle that as additional units of a variable input are added to a fixed input, the additional output produced from each new unit of input will eventually decrease.

Units Of Output

The quantity of goods or services produced by a firm, sector, or economy within a given time period.

Measures Of Cost

Various metrics and methods used to quantify the expenses involved in producing a good or providing a service, including fixed, variable, and total costs, which are critical for business decision-making and pricing strategies.

Total Cost

The overall expenses incurred by a firm in producing goods or services, including both fixed and variable costs.