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
<span>On 14 May 1607, the London Company established the Jamestown Settlement about 40 miles inland along the James River, a major tributary of the Chesapeake Bay in present-day Virginia. The future of the settlement at Jamestown was precarious for its first 5 years.</span>
Answer:
Since its beginning, America has been known as the land of opportunity. Millions of immigrants left their own homes to find something in our country not readily available in their own: an opportunity to succeed. A large part of that success is defined by having a job
Explanation:
the helping hand of jackle
Answer: C, agriculture/farming. explanation: the economy of the south was mostly based on agriculture.
Noun
a follower of Hinduism.
adjective
relating to Hindus or Hinduism.
