Delegates Selected for Constitutional Conventions Are Usually

question 4

Multiple Choice

Delegates selected for constitutional conventions are usually

• A)dominated by reformers.
• B)dominated by professionals, educators, and businesspeople.
• C)an ethnically and socially diverse group.
• D)dominated by legislators.

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Definitions:

Long-run Equilibrium

A state in which all firms in a market are earning zero economic profits, ensuring that no firm has an incentive to enter or exit the market.

Industry

Describes the aggregate of manufacturing or technically productive enterprises in a particular field, often named after its principal product.

Demand Curve

A chart that illustrates how the price of a product correlates with the amount consumers are ready to buy at different price levels.

Perfectly Competitive

A market structure characterized by many buyers and sellers, all of whom are producing identical products, leading to no single participant having control over the price.