Answer:
B. people prefer certain outcomes to uncertain outcomes even when the expected value of the uncertain outcome is higher.
Explanation:
The certainty effect indicates that people tend to prefer safe results to risk, that is, they overvalue the certainty of winning something, even smaller. In other words, the certainty effect represents a situation where people faced with two possibilities prefer the one that will happen for sure, even though the other possibility may have a better outcome.
Answer: the internal revenue service
Explanation:
The benefits of establishing policies for the service of alcoholic beverages is that it regulates the sales of alcohol on licenses premises.
<h3>What entails the
service of alcoholic beverages?</h3>
An example of the service of alcoholic beverages is the licensed ABC by by the California to ensure policies are created to guide employees in the service of alcoholic beverages.
Hence, the main benefits of establishing policies for the service of alcoholic beverages is that it regulates the sales of alcohol on licenses premises.
Read more about licensed ABC
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Answer: A. The statute burdens foreign commerce
Explanation:
The options are:
A. The statute burdens foreign commerce.
B. The statute violates equal protection guarantees because it is not rational to prohibit the sale of foreign beef but not foreign leather.
C. The statute substantially interferes with the vendor's right to earn a living under the Privileges or Immunities Clause of the Fourteenth Amendment.
D. The statute constitutes a taking without due process of law.
From the question, we are informed that a cattle-producing state adopted a statute that requires any food service business operating in the state to serve beef raised in the United States and that a licensed hot dog vendor who worked at a football field within the state and who had been buying hot dogs made with foreign beef for the past several years calculated that switching to an all-beef hot dog made from United States beef would reduce his profits by 10%.
The vendor then hired an attorney to challenge the statute and the attorney discovered during research into the case that most of the footballs used at the football field at which the vendor worked were made of foreign leather.
Based on the above scenario, it should be noted that it is the Congress that has power to regulate foreign commerce. Hence, in this scenario, the state adopting a legislation that requires the private vendors to favor the breed served in the United States over the foreign products is outside its powers scope. Only the congress can make such decision.