Answer:
The federal court system has three main levels: district courts (the trial court), circuit courts which are the first level of appeal, and the Supreme Court of the United States, the final level of appeal in the federal system.
There are 94 district courts, 13 circuit courts, and one Supreme Court throughout the country.
Courts in the federal system work differently in many ways than state courts. The primary difference for civil cases (as opposed to criminal cases) is the types of cases that can be heard in the federal system. Federal courts are courts of limited jurisdiction, meaning they can only hear cases authorized by the United States Constitution or federal statutes. The federal district court is the starting point for any case arising under federal statutes, the Constitution, or treaties. This type of jurisdiction is called “original jurisdiction.” Sometimes, the jurisdiction of state courts will overlap with that of federal courts, meaning that some cases can be brought in both courts. The plaintiff has the initial choice of bringing the case in state or federal court. However, if the plaintiff chooses state court, the defendant may sometimes choose to “remove” to federal court.
Explanation:
The mad scientist put a human brain into a robust body. The body is
A
smart.
B
strong.
C
beautiful.
D
admired.
B, strong. Robust means strong and healthy; vigorous.
Suppose market demand and market supply are given by the equations:
QD = 40 − P
QS = P − 4
a. How much is total consumer surplus at the equilibrium price in this market?
b. How much is total producer surplus at the equilibrium price in this market?
Please explain what producer surplus is. I have never done a problem with the y-intercept like this and I am confused. For CS, I got 162. No fake answers please (I will report). Thanks much & have a wonderful day!
Consumer surplus is a measure of benefit to consumers resulting from paying less than the maximum price they are willing to pay.
Producer surplus is a measure of benefit to producers resulting from selling at a price higher than the minimum price at which they are willing to sell.
Referring to the supply-demand curve, these economic surpluses are represented by the area between either curve and the horizontal line fixed at the equilibrium price.
In this case, demand is zero when P = 40; this means there is a consumer surplus whenever P < 40. Similarly, supply is zero when P = 4; then there is a producer surplus whenever P > 4. In particular, any price below this point corresponds to a supply shortage. Realistically, producers would provide the good only if P > 4.
Set supply equal to demand and solve for P to find the equilibrium price:
40 - P = P - 4 ⇒ P = 22
At the minimum price P = 4, consumers demand 40 - 4 = 36 units and producers supply 4 - 4 = 0 units. At equilibrium price, consumers demand 40 - 22 = 18 units and producers supply 22 - 4 = 18 units. Then
CS = 1/2 (36 units - 18 units) ($22/unit - $4/unit) = $162
and
PS = 1/2 (18 units - 0 units) ($22/unit - $4/unit) = $162
As per the details given, both consumer surplus and producer surplus at the equilibrium price are 162.
To find the equilibrium price and quantity in the market, we need to set the quantity demanded equal to the quantity supplied and solve for the equilibrium price ([tex]\(P_{\text{eq}}\)[/tex]):
[tex]\[QD = QS\][/tex]
[tex]\[40 - P_{\text{eq}} = P_{\text{eq}} - 4\][/tex]
Solving for [tex]\(P_{\text{eq}}\)[/tex]:
[tex]\[2P_{\text{eq}} = 44\][/tex]
[tex]\[P_{\text{eq}} = 22\][/tex]
Now that we have the equilibrium price, we can calculate the equilibrium quantity ([tex]\(Q_{\text{eq}}\)[/tex]) by plugging [tex]\(P_{\text{eq}}\)[/tex] into either the demand or supply equation:
[tex]\[Q_{\text{eq}} = 40 - P_{\text{eq}}\][/tex]
[tex]\[Q_{\text{eq}} = 40 - 22 = 18\][/tex]
a. Consumer Surplus:
Consumer surplus represents the difference between what consumers are willing to pay for a good (as indicated by the demand curve) and what they actually pay at the equilibrium price.
Consumer Surplus ([tex]\((CS\)) = \(\frac{1}{2} \times (\text{Base}) \times (\text{Height})[/tex])
where [tex]\(\text{Base}\) = \(Q_{\text{eq}}\) and \(\text{Height}\)[/tex]
= Difference between demand curve and equilibrium price
[tex]\[CS = \frac{1}{2} \times Q_{\text{eq}} \times (\text{Difference between demand curve and equilibrium price})\][/tex]
[tex]\[CS = \frac{1}{2} \times 18 \times (40 - 22)\][/tex]
[tex]\[CS = 162\][/tex]
b. Producer Surplus:
Producer surplus represents the difference between the price at which producers are willing to sell a good (as indicated by the supply curve) and the price they actually receive at the equilibrium price.
[tex]Producer Surplus (\(PS\)) = \(\frac{1}{2} \times (\text{Base}) \times (\text{Height})\)[/tex]
[tex]\[PS = \frac{1}{2} \times Q_{\text{eq}} \times (\text{Difference between equilibrium price and supply curve})\][/tex]
[tex]\[PS = \frac{1}{2} \times 18 \times (22 - 4)\][/tex]
[tex]\[PS = 162\][/tex]
Thus, both consumer surplus and producer surplus at the equilibrium price are 162.
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Reasons why child marriage is not reported
Answer:
people dont take any action against it . they believe it as a cultural tradition
Attractive people Group of answer choices are preferred as coworkers. are more valued as friends and lovers. get better grades in school. all of the above.
Answer:
All of the above.
Explanation:When you are pretty and or rich you have an higher advatage and most perfer pretty partners and or even friends.
what is importance of gmt??
Answer:
Greenwich Mean Time is very important, as it is the time zone that all other time zones are based around. The prime meridian is a geographical reference line that passes through the Royal Observatory, Greenwich, in London, England.
An economy making the most of a society's resources is meeting which economic goal?
What do you prefer: agricultural country or industrialized country? Why?
Answer:
I mean If this a question on a test, it's your opinion but I would say I prefer agricultural country because of the fact that industrial countries rely off of agriculture to stay afloat.
Explanation:
Your opinion lol
explain with some relevant example how sociological knowledge enhance managerial skills
Answer: A background in sociology gives business leaders and human resource managers an advantage when dealing with employees in the workplace
Explanation:
Discuss school as a miniature society
↪In the school, socialization takes place for the first time. That is, the child starts learning to live with others, share their sorrows and happiness; take the qualities of cooperation, tolerance, love, friendship and sympathy which is very necessary in a society; so the school represents a mini society.
☆...hope this helps...☆
Briefly explain what is meant by Global PR
The highest elected position in the early Roman republic was the __________.
Answer:
This position was consul
Explanation:
i found this on wikipedia shout out to them ig
Give the main tasks of the following branches of the governments:
Executive Branch-
Legislative Branch-
Judiciary Branch-
Urgent!
Answer:
Executive Branch- Enforcing the law
Legislative Branch- Creation of laws
Judiciary Branch-Punishing offenders of the law
would i be correct? im just not sure.
Answer:
goverment does
Explanation:
Which of the following is an example of a general partnership?
a
Holly runs the business using money invested by Tori, Charlie, and Aubrey
b
Varys and Tyrion each invested in the business, but neither is responsible for the other's actions or debts
c
Arya makes all the decisions in the business, but Sansa works just as many hours as Arya
d
Jon and Sam invest equal amounts of money and share all profits and losses
Answer:
c
Explanation:
how can forest help generate income?
Answer:
Forests are recognized as an integral part of national economies, providing a wide range of production inputs, environmental goods, food, fuel, medicines, household equipment, building material and raw materials for industrial processing. Forests support agriculture by providing materials for farm implements, harvesting and transportation equipment, crop storage containers and dryers as well as fuel for crop processing. However, these multiple benefits and services are valued differently by different people. Moreover, local, national and international interests also differ. For a number of reasons, the roles that forests are expected to play in local, national and global development change dramatically over time.
Federal budget
are rare?
In Fiscal Year 2021, federal spending was equal to 30% of the total gross domestic product (GDP), or economic activity, of the United States that year ($22.39 trillion).
Give the main tasks of the following branches of the governments:
Executive Branch-
Legislative Branch-
Judiciary Branch-
Urgent!
The Crime Victims' Rights Act established statutory rights for victims of federal crimes. If the rights of a victim conflict with those guaranteed to a suspect, whose rights should take priority? Explain
Answer:
The right to be reasonably protected from the accused.Explanation:
what invention helped the ancient Sumerians trade more easily and widely with other civilizations
Answer:
The Sailboat
Explanation:
The Sailboat
Sailboats were invented in order to expand Sumerian trade. Wood and papyrus were used to make lightweight sailboats so that it was easy for them to move on water.
An __________________ is a change in investment spending caused by a change in __________________ spending.
An accelarator is a change in investment spending caused by a change in overall spending.
What is investment spending?
Investment spending is the purchase of goods meant to produce capital which are assets like equipment and land.
It is to be noted that spending more on investments in anticipation of high returns will increase long term savings and decrease short term spending thus affecting the economy.
Hence, an accelarator is a change in investment spending caused by a change in overall spending.
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How did messengers like Paul revere travel
How did Vicente Martinez Ybor's work change Florida?
1 Increased production of oranges in summer
2 Made growing orange year-round easier
3 Opened Southeastern Florida to development
4 Started an industry that employed thousands of workers
HELP NOW
Answer:
Martinez Ybor's plan worked. After a slow start, both his businesses and Ybor City as a whole flourished, with the area's cigar factories hand-rolling and shipping tens of millions of cigars annually by the late 1880s, the number increasing into the hundreds of millions by the turn of the 20th century.
Explanation:
History of migration in nepal
Answer:
Nepal has a long history of migration. The British in India recruited young Nepali men from the early 19th century.
As a 13 year old, I want to look for a job but I can't seem to find one for me. I don't want to work as a babysitter or anything like that, but would prefer a job like a library assistant or typist, only on the weekends. I was wondering if anybody had any recommendations to jobs, or where I can find one?
Answer:
here is an idea go door to door asking people if they need any help with any thing for 15$
Explanation:
True or False: Radical Republicans continued after the war to fight for African American rights.
Answer:
True
Explanation:
The Radical Republicans did in fact continue to fight for African American rights even after the war.
• Explain the connection between the problem statement and purpose in general.
The connection between both is that the purpose comes out of the problem statement.
What is problem statement?Problem statement simply means the statement that lays out the problem.
The purpose statement is to identify as explain the problem. It simply outlines what the research intends to study.
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how does this cherokee chief feel about having to leave his land
Answer:
Most of the Cherokee, including Chief John Ross, were outraged and unwilling to move, and they reacted with opposition. They did not believe the government would take any action against them if they elected to stay.
Explanation:
Hope this helps :D
What are the 3 ways a person can be a citizen?
Explanation:
by birth in the U.S. through derivation. through naturalization.
Please help and answer all, I’ll mark brainlest plus worth 45 points!
1. Trade resulted in the spread of what in the region?
2. Swahili is a language made up of?
3. Explain what imperialism is?
4. What was a major cause for European countries to grant East
Africa independence?
5. What is genocide?
6. What might cause someone in East Africa to become a refugee?
Answer:
6.What might cause someone in East Africa tobecome a refugee.
explaenation: thats the true answer
How did challenges in Europe lead to the end of the medieval era?
Answer:
Medieval European society grew out of the ruins of the Roman empire. From the 5th century onwards, barbarian invasions led to the disintegration of Roman power in the western provinces.
Explanation:
..........