In Comparison to Their Counterparts in Other Parliamentary Democracies, Japan's

question 65

Essay

In comparison to their counterparts in other parliamentary democracies, Japan's prime ministers are often said to be weak leaders.  Describe the features of the Japanese political system which causes this.

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Definitions:

Profit-Maximizing Price

The price at which a company can sell its product or service to achieve the highest possible profit.

ATC

Average Total Cost, which is calculated by dividing total costs by the quantity of output produced.

MC

Marginal Cost, the increase in total cost that arises from an extra unit of production.

MR

Marginal Revenue, the additional income generated from selling one more unit of a product or service.