, In monopolistic competition, firms make price/output decisions as if they were a monopoly. They will produce where marginal revenue equals marginal cost., Free entry into the market may ultimately shrink the economic profits of monopolistically competitive firms.
Answer/Explanation:
Make laws.
Declare war.
Raise and provide public money and oversee its proper expenditure.
Impeach and try federal officers.
Approve presidential appointments.
Approve treaties negotiated by the executive branch.
This where The Missouri Compromise of 1820 comes from.
