For the first question, the answer is the judicial branch of
the government since it is the one who ordain and establishes. The Judicial
branch construes the laws. The judiciary also offers a tool for the resolution
of arguments.
For the second question, the answer is the executive branch
of the government. The executive is the structure exercising authority in and
holding accountability for the power of a state. The executive implements and imposes
law.
C). Institutional Advertising.
I think This is correct
Answer: Option (A) is correct.
Explanation:
Correct Option: A.supply whatever amount consumers demand at a price determined by the minimum point on the typical firm's average total cost curve.
In the long run, equilibrium price of a perfectly competitive firm implies that there is no economic profit for the firm. This situation occur when the marginal cost is equal to the average total cost.
The firm is break even when the price is equal to the minimum point of average total cost of the firm. So, there is no possibility of economic profit for the firm.
It’s asking whatever the market would pay.
