The Cold War was the war between United States and Soviet Union following the WWII. After the defeat of the axis powers and the fall of Hilter, the Soviet Union possessed the world's largest enemy. The US possessed the most powerful weapon in the atomic bomb, which had just been dropped on Hiroshima and Nagasaki to defeat Japan. Both nations had allied with one another in the war to defeat their common enemy but this was merely a front to mask the contempt both had for one another. The cold war was the term used to describe the antagonism between democratic America and communist Soviet Union (Russia). While there was never any armed notion of conflict between both nation, the cold war was the battle of ideologies and was waged in nations all over the world between proxy nation. The US goal was to spread democragy throughout the world and Soviet Union's goal was to spread communism.
The type of relationship they share is a flexible relationship cause they both have or share the same job
The question asks which of the following, but there are no choices. I don't know if it is supposed to be answered in context to a specific situation, so I'll just explain what happens with price ceilings in general.
Assuming the government sets the ceiling below the equilibrium price (where supply and demand cross), demand will be higher while supply will be lower. This is due to the fact that consumers want to buy more since the drinks are cheaper, and producers want to produce fewer bottles since they are not making as much money. This creates a shortage.
The new quantity supplied will be where the supply curve crosses the horizontal price ceiling line, and the new quantity demanded will be where the demand curve crosses the price ceiling.
If we were to draw the graph of supply and demand, the area to the left of the equilibrium point and between the supply and demand curves represents total surplus. The area above the equilibrium price (NOT the price ceiling) and below demand is consumer surplus because there is extra value that consumers are willing to pay, however they don't have to because the price is lower. The area below the equilibrium price and above supply is producer surplus because The price is higher than the minimum value the producer has for the product.
That being said, with a price ceiling in place, the new price is lower and the quantity supplied is less. That means that there is less total surplus. This results in deadweight loss.
