Answer:
Explanation:
Because there's a balance between buyers and sellers, economics provides a massive average of what anything that can be bought and sold is worth to the buyer, and what is acceptable to the seller.
This is determined not by the commodity itself, but by the average the currency used by all the population involved.
Answer:
Supremacy Clause
Explanation:
The Federal Trade Commission has issued a ban on an ingredient which cannot be allowed in products. This ban is based upon research showing its role in increased birth defects. If North Carolina permits the usage of this ingredient in a dietary supplement, then North Carolina would be a violation of the <u>supremacy clause</u>.
The supremacy clause of the constitution states that federal laws are supreme over state laws and hence all state must abide by the federal laws of the United States of America.
On that day in 1774<span>, British </span>Parliament passes<span> the Boston Port Act, closing the port of Boston and demanding that the city's residents pay for the nearly $1 million worth (in today's money) of tea dumped into Boston Harbor during the Boston Tea Party of December 16, 1773.</span>