This "Necessary and Proper Clause" (sometimes also called the "Elastic Clause") grants Congress a set of so-called implied powers—that is, powers not explicitly named in the Constitution but assumed to exist due to their being necessary to implement the expressed powers that are named in Article I. The Bank's existence is a great example of implied powers: the Constitution doesn't say that Congress has the right to establish a bank, but its defenders claimed that one was necessary to carry out the Congress' power to collect taxes. Hope this helps.
Answer:
- 1) Higher prices than in competitive markets Monopolies face inelastic demand and so can increase prices – giving consumers no alternative.
- 2) A decline in consumer surplus.
- 3) Monopolies have fewer incentives to be efficient.
- 4) Possible diseconomies of scale. Explanation:
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Archaeologists have studied many of the ancient cities of the Mayans such as Tikal, Calakmul and Copan. They studied the glyphs left
Because the Articles of Confederation created a central government that contained only a legislative branch, it does not reflect the principle<span> of "separation of powers".</span>