SUNSET LAW: A policy proposed to address some of the inefficiency of government bureaucracies by imposing a fixed termination date on government programs and policies. The program or policy then automatically ends when it reaches this date unless action is take to extended its existence. This action would likely generate discussion and debate over the usefulness of the program or policy. If it remains beneficial, it is renewed. If not, it disappears.

     See also | public choice | term limits | line item veto | logrolling | explicit logrolling | majority rule | super majority rule | unanimity rule | plurality rule | Tiebout hypothesis | principal-agent problem | principle of the median voter |

SUNSET LAW, AmosWEB GLOSS*arama, http://www.AmosWEB.com, AmosWEB LLC, 2000-2026. [Accessed: May 18, 2026].

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A curve that graphically illustrates the relation between marginal product and the quantity of the variable input, holding all other inputs fixed. This curve indicates the incremental change in output at each level of a variable input. The marginal product curve is one of three related curves used in the analysis of the short-run production of a firm. The other two are total product curve and average product curve. The marginal product curve plays in key role in the economic analysis of short-run production by a firm.

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Today, you are likely to spend a great deal of time visiting every yard sale in a 30-mile radius hoping to buy either a rechargeable battery for your camera or a coffee cup commemorating the first day of spring. Be on the lookout for slow moving vehicles with darkened windows.
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