Those Seeking to Restrain the Powers of the National Government

question 79

Multiple Choice

Those seeking to restrain the powers of the national government look to what part of the Constitution?

• A) the commerce clause
• B) the states' rights clause
• C) the First Amendment
• D) the Tenth Amendment
• E) the due process clause

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Definitions:

Efficient Output Level

The level of production where the total costs of producing a good or service are minimized while maximizing production.

Profit-Maximizing Price

The price at which a business can sell its product or service to achieve the highest possible profit.

Marginal Cost

The cost added by producing one additional unit of a product or service.

Kink

A sudden change in the rate or direction of a curve or line, often used in economics to describe a sharp change in a demand or supply curve.