Examlex
In 2010,the Republican Party was able to retake majority control of the U.S.House of Representatives due to anger toward President Barack Obama and the recent passage of the Affordable Care Act.With majority control of the House,Republicans were able to pass a repeal of the Affordable Care Act,yet the Act remained law by the end of Obama's administration due to continued support in the Senate and the executive branch.The failure to overturn the Affordable Care Act reflects which component of the Constitution?
Ticket Scalping
The practice of buying tickets for an event and reselling them at a higher price to earn a profit, often considered illegal or unethical.
Equilibrium Levels
The state in which market supply and demand balance each other, and as a result, prices become stable.
Ticket Prices
The cost charged for admission to an event or access to a service.
Price Ceilings
Government-imposed limits on the maximum prices that can be charged for certain goods and services, intended to protect consumers.
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