Which of the Following Is an Eligibility Condition Specified by the Constitution

question 37

Multiple Choice

Which of the following is an eligibility condition specified by the Constitution for the presidency of the United States?

• A) being at least 35 years of age
• B) residing in the United States at least seven years before taking office
• C) holding a college degree from a U.S. university
• D) living in the District of Columbia

---

Definitions:

Consumer Surplus

The difference between what consumers are willing to pay for a good or service and what they actually pay.

Producer Surplus

The difference between what producers are willing to accept for a good or service versus what they actually receive, typically illustrated as the area above the supply curve and below the market price.

Price Ceiling

A legally imposed limit on how high a price for a good, service, or commodity can be charged.

Market Supply Curve

A graphical representation that shows the relationship between the price of a good and the total output of the good all suppliers are willing and able to produce, holding other factors constant.