Kassia

Civil Money Penalty (CMP).



by

A civil money penalty (CMP) is a monetary fine imposed by a federal agency on a person or entity for violating a federal law or regulation. CMPs are often imposed in addition to other penalties, such as criminal fines or restitution. Federal agencies may impose CMPs for a variety of reasons, including: – To punish … Read more

Marginal Benefit.



by

Marginal benefit is the additional benefit that a person receives from consuming one more unit of a good or service. In other words, it is the extra satisfaction that a person gets from consuming an additional unit of a good or service. The marginal benefit of a good or service diminishes as a person consumes … Read more