Which of the Following Statements Regarding the Commerce Clause Is

question 16

Multiple Choice

Which of the following statements regarding the commerce clause is FALSE?

• A) If the federal government establishes safety device regulations for interstate carriers, a state cannot require different devices.
• B) States may not use their tax power for the purpose of discriminating against interstate commerce.
• C) The commerce clause empowers Congress to regulate interstate commerce, but not commerce with foreign nations.
• D) A state cannot refuse to allow an interstate waste collector to conduct business within the state on the grounds that the state already has enough waste collectors.

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Definitions:

Consumer Surplus

The discrepancy in the total charges consumers are prepared and economically able to bear for a good or service, and the charges they actually bear.

Willingness to Pay

The maximum amount an individual is prepared to spend for a good or service, reflecting the value they assign to it.

Consumer Surplus

The difference as marked by what consumers are prepared to spend on a good or service versus the actual payment made.

Market Demand

The total quantity of a good or service that all consumers in a market are willing and able to purchase at various prices.