Congressional regulation of local commercial activity is now permitted because <u>t</u><u>here is a pinch of interstate economic commerce by a local rule or law. </u>
<h3>Define interstate economic commerce .</h3>
Trade, traffic, or transit inside the United States between a location inside a State and a location outside of that State is referred to as "interstate commerce."
<h3> What is Interstate Commerce Act ?</h3>
The United States' federal statute known as the Interstate Commerce Act of 1887 was created to control the railroad sector, notably its monopolistic tactics. Although the Act required "reasonable and just" railroad prices, it did not grant the government the authority to set particular rates. As a type of price discrimination against smaller markets, particularly farmers in Western or Southern Territory compared to the Official Eastern states, it also forced railways to disclose freight rates and outlawed short- or long-haul fee discrimination. The Interstate Commerce Commission, a federal regulatory body, was established by the Act.
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The factors of production are land, labor, capital, and entrepreneurship. To put it in different terms, the factors of production are the inputs needed for supply. Hope this helps!
The correct answer for the question that is being presented above is this one:
A. By 1800, the Holy Roman Empire was little more than a loose collection of separate states.
B. The people of the German states shared customs and language but did not think of themselves as belonging to one nation.
C. The German-speaking people began to feel a common bond with each other when Napoleon conquered them and they fell under French rule.
True
<span>Norms are the typical, normal, usual, standard or average of a set of principles, disciplines, structures, behaviors, fashions and many aspects of the current society. Including norms in the paper helps you explain as to why you stand in a certain particular field with the influence of what is the norm these days. In a smaller view, take for instance, a situation where you’ll have to explain why there are people who has more mobile phones in stand. You can include because it is the norm and many people use it, for necessity and pragmatic reasons such as communication and social dealings. </span>
There are two correct options from all the available ones in the question: alcohol has a highly inelastic demand and the government wants people to drink less.
A highly inelastic demand refers to an economic situation where demand for a product does not increase or decrease event though price rises or falls – even though the demand quantity for alcohol might fall, the total revenue will still be the same.
The second option is also correct since if the government levies a 40% tax on alcohol, they probably want the citizens to stop consuming them so much.
