They were high because of the little issues and things such as the growth of nationalism, imperial rivalry, and the arms race.
Answer:
B. Federal laws can supersede state laws
Vertical integration is a form of business organization in which a company controls the supply chain from acquisition of raw materials, to manufacturing, to end sales. In history, vertical integration was a form of industrial organization. One common effect of vertical integration was that it made supplies more reliable and thus, improved efficiency. It took over and controlled the quality of the product at all stages of production
The term that is defined as the maximum legal price for a good or service is the price ceiling.
Explanation:
A price ceiling happens once the government puts a legal limit on how high the worth of a product may be. so as for a price ceiling to be effective, it should be set below the natural market equilibrium. When a price ceiling is about, a shortage happens. For the worth that the ceiling is about at, there's a lot of demand than at the equilibrium worth. there's additionally less offer than at the stability worth, therefore there's a lot of amounts demanded than the amount provided. Associate degree inability happens, since at the worth ceiling amount equipped the marginal profit exceeds the distinctive cost. This inefficiency is adequate to the deadweight welfare loss.
