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.
Answer:
D
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The answer would be A transporation cost grew more expensive hope that helped b c or d dont sound right
It was met with opposition but Wilson was determined to
establish such an organization to prevent another great war from happening
again. Unfortunately, many in the Senate
disapprove of the proposal but Wilson still wanted this to come true. He became ill as a result and this led to his
death.
Answer:
c
Explanation:
Botswana is one of only a few African countries with a democratic tradition (Wiseman, 1990). It has had continuous democracy since obtaining independence in 1996. The discovery of diamond mines has facilitated economic growth, but there is more to Botswana’s success than simply having abundant natural resources.
