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Describe some ways in which the federal bureaucracy can be rendered more democratically accountable.What is the problem of bureaucratic accountability? What is oversight? What are some possible ways in which the president can control the bureaucracy?
Manufacturing Overhead
Indirect factory-related costs that cannot be directly traced to a specific product, including salaries of supervisors, rent, and utilities of the factory.
Opportunity Cost
Opportunity cost represents the value of the best alternative that is foregone when a particular decision is made, indicating the cost of missed opportunities.
Alternatives
Different choices or options available to a decision-maker in a decision-making process.
Potential Benefit
The anticipated advantage or value that might be gained from a particular action or investment, not assured but possible.
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