The Supreme Court

question 127

Multiple Choice

The Supreme Court

• A) declared hundreds of federal laws unconstitutional in the nineteenth century.
• B) has declared thousands of federal laws unconstitutional in the twentieth century.
• C) has declared over a thousand state and local laws unconstitutional.
• D) has declared only about 25 laws unconstitutional in its entire history.
• E) immediately used judicial review to declare acts of Congress unconstitutional.

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Definitions:

Variable Cost

Costs that change in proportion to the level of activity or volume of production, such as raw materials or sales commissions.

Prime Cost

The combined costs of direct materials and direct labor that are directly involved in the manufacturing of a product.

Direct Labor

The wages and salaries of employees who are directly involved in the production of goods or services.

Manufacturing Overhead

All manufacturing costs that are not directly associated with the production of goods, such as utilities, rent, and salaries for managers.