According to the statement of Madison The People hold the supreme power under the constitution because as Madison says The powers granted by the proposed Constitution are the gift of the people, and may be resumed by them when reverted to their oppression and every power not granted thereby remains with the people.
The aggregate demand can be increased by decreasing the prices and increasing the supply of goods and services for which the supply of goods and services has been increased by optimum utilization of current inputs.
<h3>What determines output withinside the short run?</h3>
In figuring out how much output to supply, the organization's goal is to maximize profits situation to two constraints: the consumers' demand for the organization's product and the organization's expenses of production.
Consumer demand determines the price at which a perfectly competitive organization might also additionally sell its output.
Thus, The aggregate demand can be increased by decreasing the prices and increasing the supply of goods and services for which the supply of goods and services has been increased by optimum utilization of current inputs.
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What is one criterion to determine how resources are used?
The supply curve will be composed of the following points
(10, 1000) from the statement: 1000 shoes in the market at $10
(25, 1200) from the statement: 12000 shoes at $25 per pair
(40, 1400) from the statement: <span>$40 per pair, the existing firms increase production to 1400 each</span>
Answer:
A.
Explanation:
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