Why Do Special Interest Groups Lobby for Laws and Regulations

question 9

Multiple Choice

Why do special interest groups lobby for laws and regulations to be changed?

• A)because they control access to services
• B)because they agree with dominant views
• C)because they disagree with the vested interests of dominant groups
• D)because they want to help families

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Definitions:

High-Low Method

A cost accounting technique used to estimate fixed and variable costs by analyzing the highest and lowest levels of activity.

Variable Cost

Expenses that change directly in relation to fluctuations in production levels or the volume of sales.

Fixed Cost

Expenses that do not change with the level of goods or services produced by the business over a given period.

High-Low Method

A technique used in cost accounting to estimate fixed and variable costs based on the highest and lowest levels of activity.