National Federation of Independent Business v. Sebelius is a landmark case in the United States Supreme Court that dealt with the constitutionality of the Affordable Care Act (ACA) of 2010, also known as Obamacare.
The case was brought by a group of small business owners who argued that the individual mandate, which required individuals to purchase health insurance or pay a penalty, was unconstitutional.In a 5-4 decision, the Supreme Court upheld the constitutionality of the ACA but ruled that the federal government could not withhold Medicaid funding from states that chose not to expand their Medicaid programs under the ACA.
The court also limited the reach of the Commerce Clause of the Constitution, which was used to justify the individual mandate.The case had significant implications for healthcare policy and constitutional law in the United States. It cemented the ACA as a cornerstone of American healthcare policy and established limits on the federal government's power to regulate commerce.
To know more about Obamacare click here
#SPJ11
An increase in the cost of natural gas is likely to cause a leftward shift in the aggregate supply curve, ceteris paribus. This is because an increase in the cost of natural gas will increase the cost of production for businesses, which will lead to higher prices and lower output. This will result in a decrease in the overall supply of goods and services in the economy. The other options listed - an increase in consumer confidence, a decrease in taxes for businesses, and an increase in the supply of skilled labor - are not likely to cause a leftward shift in the aggregate supply curve.
Learn more about aggregate supply curve click here:
https://brainly.in/question/35855947
#SPJ11
The marginal cost of production when the firm hires the 7th worker is $40.
In order to determine the marginal cost of production when the firm hires the 7th worker, we need to first calculate the total cost at 6 workers. From the information given, we know that when the firm hires 6 workers, the output is 90 units and the variable cost per unit of labor is $10. Therefore, the total variable cost at 6 workers is $600 (6 workers x $10 per unit of labor). Additionally, the fixed cost is $6.
To calculate the marginal cost of production when the firm hires the 7th worker, we need to find the change in total cost. Since the marginal product of the 7th unit of labor is 4, the additional output produced when the 7th worker is hired is 4 units. The additional variable cost for these 4 units is $40 (4 units x $10 per unit of labor). Therefore, the change in total cost is $40, which is the marginal cost of production when hiring the 7th worker.
#SPJ11
Answer:
B. Union friendly
Hope this Helps!! :))
Answer:
a conglomeration.
Explanation:
When a business grows through unrelated diversification, acquiring companies in different industries, it is called a conglomeration. The word conglomeration means that a thing which is made from totally distinctive elements. In business the a conglomeration is a corporation made by combination of different and unrelated business. Many small company with diversified business combined together to make a conglomeration.
Answer:
A
Explanation:
Conglomeration
When a business grows through unrelated diversification, acquiring companies in different industries, it is called a conglomeration.
A conglomerate is a corporation made up of a number of different, unrelated businesses. In a conglomerate, one company owns a controlling stake in a number of smaller companies which conduct business separately.
A good example is Warren Buffet’s Berkshire Hathaway, that has a very thriving conglomerate that has successfully managed companies involved in everything from plane manufacturing to real estate, is widely respected and is one of the most well-known companies in the world.