At the lower price, sellers will be willing to make 40 loaves of bread.
At the lower price, customers will want to buy 60 loaves of bread.
<h3>What is a price ceiling?</h3>
Price ceiling is when the government determines the maximum price a good or service should be sold for. It is binding when it is set below equilibrium price.
In order to determine the quantity demanded at the price of $5.50, trace $5.50 to a point on the demand curve(the downward sloping curve). In order to determine the quantity supplied at the price of $5.50, trace $5.50 to a point on the supply curve(the upward sloping curve).
Please check the attached image for the required diagram. To learn more about a price ceiling, please check: brainly.com/question/26521358
This is a political example because the declaration of independence falls into the political category
Earliest human migrations and expansions of archaic and modern humans across continents began 2 million years ago with the migration out of Africa of Homo erectus. This was followed by the migrations of other pre-modern humans including H. heidelbergensis, the likely ancestor of both modern humans and Neanderthals. Finally, Homo sapiens ventured out of Africa around 100,000 years ago, spread across Asia around 60,000 years ago and arrived on new continents and islands since then.
Knowledge of early human migrations, a major topic of archeology, has been achieved by the study of human fossils, occasionally by stone-age artifacts and more recently has been assisted by archaeogenetics. Cultural and ethnic migrations are estimated by combining archaeogenetics and comparative linguistics.
Because the ideas of freedom collided at Homestead, the workers felt they were denied economic independence and democratic self-government during the late nineteenth century.
<h3>
What is the Homestead strike?</h3>
This refers to the industrial strike which that culminating in a battle between strikers and private security agents in 1892.
Hence, as the ideas of freedom collided at Homestead, the workers felt they were denied economic independence and democratic self-government during the late nineteenth century.
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