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.
The disaples of jesues saw him and so did the roman guards that were supposed to guard his body
The first crop that formed the basis of the economy in the Southern states was tobacco. But at the beginning of the 19th century cotton became the most important. During the 1840s and 1850s cotton became the chief United States export. It was known as "King cotton". The rapid agricultural growth of the South led to financial and political tensions between the Northern and the Southern states. Answer: The most important Southern crop in the 1840s and 1850s was cotton.
I think the correct answer among the choices listed above is the second option. An opponent of Great Britain during the war was Italy. This is because Italy was allied with Germany and Japan (in a group known as the Axis) against the US Britain and France. Hope this answers the question.
