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Continue Learning about American Government
Firm A one firm in a competitive industry faces higher costs of production As a result conusmers end up paying higher prices Discuss?
If a firm is having higher costs than another in the same industry, they will pass the costs to the consumer. That has to happen if the firm is supposed to make any profits.
What system of government did the constitution set up?
Federal system
What type of plantation did the loyalist set up in the Bahamas?
the loyalist set up cotton plantations in the bahamas:)
Definition of Office of Price Administration?
Agency set up my congres (WWll) that had the power to fix rents, set max prices on goods, and set up a rationing system.
What did the constitution accomplish?
It set up a system of government and laws which allowed the branches of the government not to become too powerful. It also help pave the way for the modern government we have today.
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