What is an example of government influence on supply?

What is an example of government influence on supply? Government policies can affect the cost of production and the supply curve through taxes, regulations, and subsidies. For example, the U.S. government imposes a tax on alcoholic beverages that collects about $8 billion per year from producers. What are three ways the government can influence the […]

How do states award electoral votes?

How do states award electoral votes? Electoral votes are awarded on the basis of the popular vote in each state. Note that 48 out of the 50 States award Electoral votes on a winner-takes-all basis (as does the District of Columbia). Trump received fewer popular votes than Hillary Clinton, but received a majority of electoral […]

How do communal and exchange relationships differ?

How do communal and exchange relationships differ? In exchange relationships, members benefit each other to incur or repay obligation, quid pro quo. In communal relationships, the basis of benefit is concern for the other’s welfare. What do communal relationship mean? Definition. A communal relationship is one in which an individual assumes responsibility for the welfare […]

What was an important contribution made by Benjamin Franklin during the Constitutional Convention?

What was an important contribution made by Benjamin Franklin during the Constitutional Convention? His most important contributions were his spirit of pragmatic compromise and strong desire for unity. He drew on both to play a significant role in brokering the “Great Compromise”—a legislature of two houses, one elected in proportion to population and one in […]

What did 54 40 or fight mean?

What did 54 40 or fight mean? Polk’s primary campaign issue was to expand the United States to include Texas and the Pacific Northwest. Polk’s battle cry was “Fifty-four forty or fight,” which meant the United States would accept nothing less from the British than all of the Oregon Country, as far north as the […]

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