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Grace [21]
3 years ago
10

Article III of the Constitution describes the structure of the executive branch legislative branch judicial branch district bran

ch
History
2 answers:
denis23 [38]3 years ago
6 0
Article III of the Constitution describes the structure of the judicial branch.
Marysya12 [62]3 years ago
5 0

Answer:

The Judicial Branch

Explanation:

Article III of the U.S. Constitution establishes the Judicial Branch, outlines its general structure, functions, and jurisdiction. And it also defines treason. Under this article, this branch should consist of one Supreme Court and lower courts ordained and established by Congress, and the judges should remain in office only during "good behavior", and receive compensation that should not be diminished while they are in office.

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A characteristic of perfect competition is when ​
frutty [35]

Answer:

Firms are said to be in perfect competition when the following conditions occur: (1) many firms produce identical products; (2) many buyers are available to buy the product, and many sellers are available to sell the product; (3) sellers and buyers have all relevant information to make rational decisions about the product being bought and sold; and (4) firms can enter and leave the market without any restrictions—in other words, there is free entry and exit into and out of the market.

Explanation:

A perfectly competitive firm is known as a price taker, because the pressure of competing firms forces them to accept the prevailing equilibrium price in the market. If a firm in a perfectly competitive market raises the price of its product by so much as a penny, it will lose all of its sales to competitors. When a wheat grower, as discussed in the Bring it Home feature, wants to know what the going price of wheat is, he or she has to go to the computer or listen to the radio to check. The market price is determined solely by supply and demand in the entire market and not the individual farmer. Also, a perfectly competitive firm must be a very small player in the overall market, so that it can increase or decrease output without noticeably affecting the overall quantity supplied and price in the market.

A perfectly competitive market is a hypothetical extreme; however, producers in a number of industries do face many competitor firms selling highly similar goods, in which case they must often act as price takers. Agricultural markets are often used as an example. The same crops grown by different farmers are largely interchangeable. According to the United States Department of Agriculture monthly reports, in 2015, U.S. corn farmers received an average price of $6.00 per bushel and wheat farmers received an average price of $6.00 per bushel. A corn farmer who attempted to sell at $7.00 per bushel, or a wheat grower who attempted to sell for $8.00 per bushel, would not have found any buyers. A perfectly competitive firm will not sell below the equilibrium price either. Why should they when they can sell all they want at the higher price? Other examples of agricultural markets that operate in close to perfectly competitive markets are small roadside produce markets and small organic farmers.

4 0
2 years ago
The Himalayan mountain range continues to: *
Sloan [31]

Answer:

The Himalayan mountain range and Tibetan plateau have formed as a result of the collision between the Indian Plate and Eurasian Plate which began 50 million years ago and continues today. ... 80 Ma India was 6,400 km south of the Asian continent but moving towards it at a rate of between 9 and 16 cm per year.

5 0
3 years ago
Which of the following is NOT a function of money?
malfutka [58]

Answer:

knowledge is not a function of money

Explanation:

money can't give you knowledge

3 0
3 years ago
List the 7 types of speech that the First Amendment does not necessarily protect
Rashid [163]
Some of the things that the first amendment does not protect are as follows: Speech integral to illegal conduct, speech that incites imminent lawless action, speech that violates intellectual property law, true threats, and commercial speech such as advertising.
5 0
3 years ago
What was a problem for the tobacco farmers
algol [13]

Wasn't a lot of annual purchases. This lead to a lot of Tabacco farmers ending up with really bad debt that mounted over the years they owned the farm.

3 0
3 years ago
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