By Placing Limits on the Privileges and Immunities Clause of the Fourteenth

question 68

Multiple Choice

By placing limits on the Privileges and Immunities Clause of the Fourteenth Amendment, the Court upheld the authority of states to exercise their ______.

• A) sovereignty
• B) martial law privileges
• C) police powers
• D) commerce powers

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Definitions:

Merger

The combination of two or more companies into a single entity, often to enhance competitiveness and efficiency.

Learning Curves

A phenomenon in which experience leads to learning meaning that current production lowers future costs.

Economies Of Scope

Cost advantages that enterprises obtain by producing a wide variety of products, rather than specializing in the production of a single product or a very few products.

Economies Of Scale

A situation where the cost per unit of output decreases as the scale of production increases.