Answer: d. Physical depreciation
Explanation:
The allowance of the use of the second hand materials showed the materials met the standard required but this is subjective as the material life span has been shortened due to existing usage of the material.
Was :creating checks and balances
In an economic market system, where there is competition, the supply and demand of a good or service determines the price and vice versa. Thus, in situations where the price increases, the quantity offered tends to increase, because the offerers have a higher profit perspective. On the other hand, demand tends to decrease, as consumers perceive the price increase and decrease the demanded quantity. Conversely, in situations where the price goes down, consumers have a spur to buy more, but the bidders tend to shrink the amount offered because their prospects for profit diminish. If market mechanisms prevail, the economy tends to find an equilibrium price at which the supply and demand for paraffins will be equal.
Answer: comparative advantage theory
Explanation:
Suggested by David Ricardo in the early 19th century it is a guiding principle leading to the idea of free trade. (McGraw Hill understanding business)
Answer:
D
Explanation:
Marbury v. Madison was a court case that resided with William Marbury being appointed by John Adams, but during the process of his commission, Thomas Jefferson became president, and he and Secretary of State James Madison, added new courts and new judges. William Marbury's commission was not delivered to him, therefore petitioning to the Supreme Court for a writ of mandamus compelling the delivery of his commission.
The Court found Madison's refusal to deliver commissions was illegal but did not grant Marbury a writ of mandamus. Instead, the court held that Marbury did not have the right, under the Judiciary Act of 1789, to claim to the Supreme Court that Madison's act was unconstitutional.
The court knew that a writ of mandamus would be the proper way to fix the situation, but concluded that the court couldn't issue it. Therefore making it clear that Congress did not have the power to modify the Constitution through regular legislation.
Doing this, the Supreme Court established the principle in judicial review and expanded the powers by having the power to declare a law unconstitutional.
Hope that helps your question.
