Assume Congress Decides That Oil Companies Are Making Too Much

question 5

Multiple Choice

Assume Congress decides that oil companies are making too much profit and decides to tax oil companies for each gallon of gasoline produced.This would

• A) shift the marginal cost curve up.
• B) shift the marginal cost curve down.
• C) shift the average fixed cost curve up.
• D) shift the average fixed cost curve down.

Define and grasp the essence of infotainment as it relates to journalism and media.

Learn about the development of crime-related infotainment from the late 1980s to present.

Understand the ethical standards and principles such as 'do no harm' in journalism.

Comprehend the historical evolution of press freedom within the United States.