Answer:
Firms will produce up until the point that marginal cost equals marginal revenue. This strategy is based on the fact that the total profit reaches its maximum point where marginal revenue equals marginal profit. ... If MR<MC, then the firm should produce less: it is making a loss on each additional product it sells.
The major factor in Chicago's rapid growth is that many railroad lines connecting the east and west coasts ran through the region.
Chicago is the city which had the greatest population growth between the year of 1850 and 1900.
Chicago's location as a midway between East and the developing West created its role in agriculture and industry.
Hence, the major factor in Chicago's rapid growth is that many railroad lines connecting the east and west coasts ran through the region.
Therefore, the Option A is correct.
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Hi there!
I believe your answer is b. rationing because rationing means people get only a certain amount of something, which is exactly what minimum wage is.
Have a great night!
~Brooke
Answer:
The primary charge against Johnson was violation of the Tenure of Office Act, passed by Congress in March 1867, over his veto. Specifically, he had removed from office Edwin M. ... The impeachment and trial of Andrew Johnson had important political implications for the balance of federal legislative–executive power.
Hoped that helped