Questions

Supply curves tend to be more elastic in the long run, because there is time for firms to enter or leave the industry.

In the early 20th century, the Balkans were called a "powder keg" because the political situation in the region was very unstable. For a long time, the Ottoman Turks occupied the balkans, and with the rise of nationalism, some balkan states declared independence.

Article-20 of the Constitutiongrants protection against arbitrary and excessive punishment to an accused person. It contains three provisions in that direction No Ex-post-facto Law No person shall be convicted of any offence except for violation of a law in force at the time of the commission of the Act nor subjected to a penalty greater than that prescribed by the law in force at the time ofthe commission of the Act.No Double Jeopardy No person shall be prosecuted and punished for the same offence more than once.No Self-incrimination No person accused of any offence shall be compelled to be a witness against himself.As per the Constitution, a person/entity can be tried retrospectively in certain instances as provided by the law