Answer: In the carrot scenario, Derek is able to find carrots at the price he wishes to pay because one competitor offers a lower price. That competitor is successful in making a sale and competition causes the consumer to keep looking until the desired price is found. Likewise in the computer scenario, Melissa still searches in a number of places for the desired computer. Competition again is driving the consumer action of shopping around. However, in this case, the consumer is unable to find the desired price and ultimately decides that since all competitors are asking the same price, this must be a fair market price. In that case Melissa wants the model she wants and is willing to pay a higher price for it, but only after exhausting all of her available options by checking out many competitor prices.
Answer:
<em>C. copyright laws</em>
Explanation:
Copyright law can be described as the right of an author or creator with which law is made so that his/her work is not copied by any other source. The copy right recognized the original creator and content. Anybody who tries to steal the work or content of the other person is punished severely according to the laws. This law hence stops other people to abstain from making money from other people's work.
Answer:
D.
overseeing joint sessions of congress