Why Have Checks and Balances Been Built into the U

question 43

Multiple Choice

Why have checks and balances been built into the U.S.Constitution?

• A)to keep a check on the number and frequency of amendments made to the Constitution
• B)to ensure the judiciary is not biased or corrupt
• C)to prevent any one of the three branches of the government from becoming too powerful
• D)to ensure that people of all races and ethnicities are uniformly represented

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Definitions:

Monopoly Pricing

A pricing strategy used by a monopoly where the company can set prices with little to no competition, often above the market rate.

Antitrust Laws

Regulations designed to promote competition and prevent monopolies by restricting certain business practices deemed unfair or anti-competitive.

Less Competitive

Characterized by a lower ability or lack of ability to rival others in the same market.

Perfect Price Discrimination

A pricing strategy where a seller charges the maximum possible price for each unit consumed that a buyer is willing to pay, capturing the entire consumer surplus.