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.
Moctezuma was the second Aztec from 1440 to 1469 emperor and during his government, the Empire was consolidated, territorial expansion was done, and Tenochtitlan became the dominant partner of the Aztec Alliance.
Moctezuma was the son of emperor Huitzilihuitl . After his father’s death, Moctezuma's brother ruled for some years and then he was elected to power. Moctezuma solidified the alliance with neighboring states, bringing social, economical, and political reforms that were beneficial to the relations with other tribes and gave them access to exotic things such as cocoa, rubber, cotton, fruits, feathers, and seashells.
Answer:
The same can be said regarding domestic goods; they made fine luxury ... The first traders to sail down the West African coast were the Portuguese in the 15th century. ... The nature of slavery in West Africa before Europeans ... invented the cotton gin which made the production of cotton more profitable.
Explanation:
George Rogers clark hope this helps
These laws were known as the "Black Codes".
