The Right to Be Protected from _____________ Was Made Applicable

question 92

Short Answer

The right to be protected from _____________ was made applicable to the states through the Fourteenth Amendment in the case of Benton v. Maryland.

---

Definitions:

Marginal Revenue Curve

A graphical representation showing how marginal revenue varies as output varies.

Demand Curve

A graph that represents the relationship between the price of a good and the quantity demanded by consumers at various price levels.

Easy Entry And Exit

A characteristic of competitive markets where there are minimal barriers for new firms to enter or exit the market.

Perfect Competition

A theoretical market structure that features no barriers to entry, a large number of sellers and buyers, completely homogenous products, and perfect information available to all market participants.