Which of the Following Is Not a Reason That Explains

question 41

Multiple Choice

Which of the following is not a reason that explains the existence of agencies?

• A) The government is so large that Congress does not have the time to make all of the
• B) Congress is too small to be expert in all areas that it regulates.
• C) Agencies allow the President and Congress to delegate their responsibilities, allowing a
• D) Congress is too busy to be proficient in all areas that it regulates.

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Definitions:

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, leading to a reduced cost per unit of output.

Search Engine

A software system designed to search for information on the World Wide Web.

Long-Run Cost

Costs that a firm incurs when all factors of production and costs are variable, not fixed, in the long term.

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing as scale increases.