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Acceptability of marriage instituted in other states
Article 4, Section 1 of the Constitution provides that states will respect other states regarding legal rulings within those jurisdictions. However, marriage has become a flashpoint between states, particularly regarding the issue of gay marriage.* To what extent, if any, should states accord full faith and credit to marriages performed in other states? Should laws regarding marriage, divorce, and separation be harmonized across all states? What are the short-term and long-term implications of states disagreeing on recognizing marriages performed in other states?
Assume the airline industry consisted of only 2 firms: American and Texas Air Corp. Let the two firms have identical cost functions, C(q) = 40q. Suppose the demand curve for industry is given by P = 100 - Q and that each firm expects the other to ..
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