Slaughter of horses primarily for human consumption

Assignment Help Microeconomics
Reference no: EM13686010

In Cavel International, Inc. v. Madigan, when Illinois passed the statute barring the slaughter of horses primarily for human consumption, Cavel presented each of the following arguments EXCEPT

1. That they would suffer $20M in losses

2. That dozens of jobs would be lost in the local economy

3. That they were a foreign corporation not subject to U.S. commerce laws

4. That the act effectively banned the export of horsemeat to Europe affecting foreign commerce

Reference no: EM13686010

Questions Cloud

Explain and illustrate with balance sheets of the bank : Explain and illustrate with balance sheets of both the Bank of Canada and the direct clearers with the Canadian Payments Association, the change in the monetary base in response to the following transactions:
Using demand and supply and competitive analysis : Using demand and supply and competitive analysis, describe what happens to a pharmaceutical company's revenues and profits from an individual drug once it loses its patent protection. Then identify at least one strategy the company can use to mitigat..
The amount was wired between the two accounts : The amount was wired between the two accounts of both the main and the part company. how do we inter the amount in QB for this part?
What amount of revenue or income from the lease : What amount of revenue or income from the lease
Slaughter of horses primarily for human consumption : In Cavel International, Inc. v. Madigan, when Illinois passed the statute barring the slaughter of horses primarily for human consumption, Cavel presented each of the following arguments EXCEPT
Describe how natural monopolies cause market failure : Describe how natural monopolies cause market failure? How is the deadweight loss associated with this form of market failure gauged? What is a typical form of government intervention to correct it? How effective is this kind of intervention? Use the ..
Presume that the firms in an oligopolistic market engage : Presume that the firms in an oligopolistic market engage in a price war and as a result, all firms earn lower profits. Game theory would explain this as what?
Deficit resulting from higher government spending : In the short run, if the economy has a recessionary gap, an increased government budget deficit resulting from higher government spending or lower taxes is most probable to. Decrease aggregate demand, reduction process and increasing the recessionary..
Record the preceding transaction for the public parks bond : Prepare all journal entries necessary to record the preceding transaction for the Public Parks Bond Fund (DSF). Include closing entries.

Reviews

Write a Review

Microeconomics Questions & Answers

  Country x assigns 40 of its labor to vegetables while

country x can produce either 30 tons of vegetables or 30 tons of chicken. country y can produce either 20 tons of

  Problem 1 bob and bette rhymes with jetty each have

problem 1. bob and bette rhymes with jetty each have cobb-douglas preferences for cheese c and peanut butter p each of

  Macroeconomicsnbspquestion 1an economy is currently in

macroeconomicsnbspquestion 1an economy is currently in equilibrium and the following figures refer to elements in its

  Describe what can be done about monopolies

The goal of all capitalists is to dismiss the competition and gain market power. a) Explain why that might be hurtful for the economy, though not for everybody, clearly stating who wins and who loses in the presence of monopolies.

  Discuss china in terms of being the middle kingdom

directions be sure to make an electronic copy of your answer before submitting it to ashworth college for grading.

  What do you mean by econometrics and why is it relevant to

what is econometrics and why is it relevant? to what kinds of problems might econometrics be applied to improve

  Explain elasticity of demand as it pertains to elastic unit

economists use elasticity to measure consumer responsiveness to changes in the various determinants associated with

  The cost of the land to econanalyst is zero and econanalyst

the econanalyst corporation is a think tank located on 15 prime acres of seafront property in miami florida.

  How will the policy steps affect the nations employment

Survey the monetary policies adopted by the Federal Reserve Board since the countries financial crisis erupted in 2008. How will these policy steps affect the nation's employment, inflation, real interest rate and real exchange rate over the long ..

  What are short run and long-run periods of economic

Why does the economic transfer price to the consumer include implicit cost (normal profits, externalitiea, and other unrecorded cost) which you do not find in accounting cost? 2) What are short run and long-run periods of economic? Does the Law of ..

  Niagara region has a demand for generic advertising

Each of 50 golf clubs in the Niagara Region has a demand for generic advertising of Q = 200 - P. Ads cost $3000 each. How many ads will the clubs want to purchase as a group

  Select four real-world companies respectively one for each

write a 3 to 4 page apa-formatted paper in which you address the questions below. use at least three cited references

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd