The Proposed Equal Rights Amendment in the 1970s Stated That

question 33

True/False

The proposed Equal Rights Amendment in the 1970s stated that equal protection cannot be denied on the basis of sex.

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Definitions:

Producer Surplus

The difference between the amount producers are willing and able to supply a good for and the actual amount they receive (market price).

Consumer Surplus

Consumer surplus is the difference between the total amount that consumers are willing and able to pay for a good or service and the total amount that they actually do pay.

Producer Surplus

The difference between what producers are willing to accept for a good versus what they actually receive.

Producer Surplus

The difference between what producers are willing to accept for a good versus what they actually receive, often seen as a measure of producer welfare.