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
Florida was the state that was the center of an election controversy in the 2000 election that culminated in the Bush versus Gore Supreme Court case. Hope it helped, God bless.
Answer:
Using at least three sources, research the rule of one of these absolute monarchs:
Louis XIV of France, Frederick the Great of Prussia, Charles I of England, or Catherine the Great of Russia.
Analyze: Answer questions about the reliability and credibility of your three sources. To get the best grade possible, follow the instructions in the assignment closely and answer all of the questions completely. This assignment is worth 30 points.
Explanation:
The United States signed the Treaty of Greenville that eliminated all western confederacy claims to the Ohio and the neighboring lands
Explanation:
1) A person could substitute one army for the other
2) One person could agree to fight in place of another
