The government runs by a set of rules that are called laws . The us constitution is also meant to protect the rights of every person living in this country
After Alexander died in 323 B.C., his generals (known as the Diadochoi) divided his conquered lands amongst themselves. Soon, those fragments of the Alexandrian empire had become three powerful dynasties: the Seleucids of Syria and Persia, the Ptolemies of Egypt and the Antigonids
Answer: An effective price ceiling is a price imposed by the government below the equilibrium price.
Explanation:
Price ceiling is a price control that is imposed by the government to curtail how high producers or suppliers charge price for a commodity or service. Price ceiling is used by the government to protect consumers from purchasing very high commodities. The very high prices of the good can be as a result of inflation, monopoly or investment bubble
For price ceiling to be effective, the price set must be below the equilibrium price (price set by the forces of demand and supply).
