Which Is the Most Likely to Occur When a Judge

question 74

Multiple Choice

Which is the most likely to occur when a judge assumes the bench?

• A)Will base decisions on factors other than the law
• B)Will take a pay cut in order to assume a position on the bench
• C)Will make more money than the highest-paid private attorneys
• D)Will go straight from law school directly into a judging career

---

Definitions:

Marginal-Cost Pricing

A pricing strategy where the price of a good or service is equal to the incremental cost to produce one more unit of a good.

Government Subsidy

A financial contribution provided by the government to support industries or activities beneficial to the public interest, aimed at reducing their costs or encouraging more production and consumption.

Marginal Cost

The incremental cost involved in producing an additional unit of a product or service.

Natural Monopolist

A single supplier in a market that can supply the entire market at a lower cost than any combination of two or more suppliers.