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:
Although initially conceived of by James Oglethorpe as a refuge for London's indebted prisoners, Georgia was ultimately established in 1732 to protect South Carolina and other southern colonies from Spanish invasion through Florida.
Answer: 1,2,4
to punish the South for the war
to help the formerly enslaved achieve freedom and equality
to impose requirements for Southern states to rejoin the Union
Explanation:
The correct answer among all the other choices is B. to reform French law inline with the principles of the Revolution. This was the overall goal of the Napoleonic Code. Thank you for posting your question. I hope this answer helped you. Let me know if you need more help.
Thanks this helped me a lot
