Answer:
The long run is a period of time in which all factors of production and costs are variable. In the long run, firms are able to adjust all costs.
The short run firms are only able to influence prices through adjustments made to production levels.
Answer:
This means to make sure that laws are followed to the best of the president's ability and that he does the thing that is right for the country and not for him/herself.
I believe the answer is true! good luck :)
Answer:
The distinction between ordinary and privilege mitigating circumstances are: (a) Under the rules for application of divisible penalties (Article 64 of the Revised Penal Code), the presence of a mitigating circumstance, has the effect of applying the divisible penalty in its minimum period. Under the rules on graduation of penalty (Articles 68 and 69), the presence of privileged mitigating circumstance has the effect of reducing the penalty one or two degrees lower. (b) Ordinary mitigating circumstances can be off-set by the aggravating circumstances. Privileged mitigating circumstances are not subject to the off-set rule
