Types of judicial philosophy in how to interpret law

Assignment Help Business Economics
Reference no: EM131169599

What are some of the different types of judicial philosophy in how to interpret the law? Outline the theories of judicial restraint and judicial activism. What are some of the advantages and disadvantages of each theory? Explain. Lastly, give at least 2 examples of how current laws are related to judicial restraint or judicial activism. Keep in mind the U.S. Constitution's amendments.

Reference no: EM131169599

Questions Cloud

What is the largest possible money supply : The Gorgonzolan central bank puts 5,000,000 guilders into circulation and each of the commercial banks holds 20% of deposits. Assume the public holds no currency. Initially all of the money is deposited into First National Bank. Show the T-account fo..
Explain how firm long run average cost curve : Carefully explain how a firm’s long run average cost curve is related to the firm’s short run cost curves. (b) Carefully explain the various reasons why economists generally expect the long run average cost curve of a firm to have a U-shape.
Proposal generally has to demonstrate some shortcomings : Since proposals all suggest some kind of change, the author of the proposal generally has to demonstrate some shortcomings with the status quo, that is, a problem to fix or an untapped opportunity to pursue. In your first posting, then, write a compl..
What must be the price elasticity of demand : You are the manager of a theater. At present the theater charges the same admisssion price of $8 to all customers, regardless of age. You propose a two-tier pricing scheme: $5 for children under the age of 12 and $10 for adults. You tell your supervi..
Types of judicial philosophy in how to interpret law : What are some of the different types of judicial philosophy in how to interpret the law? Outline the theories of judicial restraint and judicial activism. What are some of the advantages and disadvantages of each theory? Explain. Lastly, give at leas..
Compete in cournot oligopoly market consisting : Suppose you compete in a Cournot oligopoly market consisting of 6 firms. The equilibrium market price and quantity are $5 and 10 units, respectively. The marginal cost for each firm is $3. Based on this information we know the price elasticity of dem..
The average consumer at firm with market power : The average consumer at a firm with market power has an inverse demand function of P = 10 - Q. The firm's cost function is C = 2Q. If the firm engages in two-part pricing, what is the optimal price to charge a consumer for each unit purchased?
Consider the sequential game : Consider the following sequential game. Firm A must decide whether or not to introduce a new product. Then, Firm B must decide whether or not to clone firm A's product. If firm A introduces and B clones, then firm A earns $1 and B earns $10.
Technological challenges might those companies face and why : Characterize the future of US-based companies desiring to expand overseas within the next 5 years. What political, economic, and technological challenges might those companies face and why? How can they be overcome?

Reviews

Write a Review

Business Economics Questions & Answers

  Total opportunity cost of producing second unit of clothing

What is the marginal opportunity cost of producing the second unit of clothing? What is the total opportunity cost of producing the second unit of clothing? What is the marginal opportunity cost of producing the third unit of clothing? What is the to..

  different regions that produce identical good at zero cost

There are two firms A and B located in different regions that produce an identical good at zero cost. Each region is inhabited by a single buyer interested in purchasing at most one unit of the good. The RP of each buyer for one unit of the good is $..

  Labor intensive-both produce under constant returns to scale

Suppose that in our economy represented by sectors A and T as described in class (A is capital intensive and T is labor intensive; both produce under constant returns to scale), there is a positive production externality (for instance knowledge spill..

  Elasticity of supply affect the loss of economic surplus

How does elasticity of supply affect the loss of economic surplus caused by a price ceiling? Why does the loss in total economic surplus directly experienced by participants in the market for a good that is taxed overstate the overall loss in economi..

  Marginal tax rate on the federal personal income tax

Suppose a candidate who runs on a platform of soak the rich wins the 2012 presidential election. After being elected, he or she persuades Congress to raise the top marginal tax rate on the federal personal income tax to 65%.

  What is inflation rate and real interest rate

In the country of Dagobah, the velocity of money is constant. Real GDP grows by 3 percent per year, the money stock grows by 8 percent per year, and the nominal interest rate is 9 percent. What is: The growth rate of nominal GDP? The inflation rate? ..

  Prefers to eat soup and bread in fixed proportions

For lunch, Ada prefers to eat soup and bread in fixed proportions. When she eats X pints of soup, she prefers to eat 2X ounces of bread. If she has X pints of soup and more than 2X ounces of bread, she eats all the soup along with 2X ounces of bread ..

  Shift the supply and demand of money

What are some of the key things that can shift the supply and demand of money? Explain how these shifts might happen.

  Relative to an output--based system

A more serious problem with input-based pay systems (e.g., a wage her hour), relative to an output--based system, is:

  Times interest earned ratio-accounts receivable turnover

Use the following information from the current year financial statements of a company to calculate the ratios below- Accounts receivable turnover. Times interest earned ratio. Divided yield ratio. Earnings per share.

  About the antitrust laws

Cooperation among oligopolies runs counter to the public interest because it leads to underproduction and high prices. In an effort to bring resource allocation closer to the social optimum, public officials attempt to force oligopolies to compete in..

  Example of a dysfunctional organization for many years

Enron will be an example of a dysfunctional organization for many years to come. It was clearly a organization riddled with fraud also excess also its conduct drove it into bankruptcy.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd