If You Thought You Were Getting an Inferior Public Education

question 46

Multiple Choice

If you thought you were getting an inferior public education because of your ethnicity,which part of the Constitution would you rely on most heavily to justify your case?

• A)the First Amendment
• B)the Fourteenth Amendment
• C)the Nineteenth Amendment
• D)the Equal Rights Amendment

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Definitions:

Constant-cost Industry

An industry where input costs remain unchanged as industry output changes, leading to a flat supply curve.

Industry Supply

The total output of goods or services that producers in an industry are willing and able to sell at different price levels, during a certain time period.

Long-run Supply Curve

A graphical representation showing the relationship between market price and the amount of goods supplied by producers, considering all factors of production can be varied.

Competitive Industry

An industry with many firms competing against each other, with no single firm dominating the market.