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The standard of evidence in most civil trials is preponderance of the evidence b

ID: 2440215 • Letter: T

Question

The standard of evidence in most civil trials is

preponderance of the evidence

beyond a shadow of doubt

clear and convincing

beyond comprehension

The downward slope of a marginal benefit curve reflects the fact that early incremental changes confer larger benefits while later incremental changes confer small benefits.

True

False

If marginal cost exceeds marginal revenue, the firm should cut back on production because the revenue lost from lower output will be less than the cost savings.

True

False

preponderance of the evidence

beyond a shadow of doubt

clear and convincing

beyond comprehension

The downward slope of a marginal benefit curve reflects the fact that early incremental changes confer larger benefits while later incremental changes confer small benefits.

True

False

If marginal cost exceeds marginal revenue, the firm should cut back on production because the revenue lost from lower output will be less than the cost savings.

True

False

Explanation / Answer

Q1

Preponderance of evidence. In a civil case, the plaintiff must prove that there is a preponderance of evidence that the defendant has caused the damage.

Q2 True. This is due to diminishing marginal utility.

Q3. False. The revenue lost will be more than the cost savings.

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