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
Answer:
A. Iran suffered economically as other nations followed the US and placed restrictions on trade with Iran.
Explanation:
Answer:
"By stipulating and observing four main treaties, the relationship between Rome and Carthage was one of tolerance for centuries. Carthage and Rome also concluded two treaties to end the First and Second Punic War in 241 BC and 201 BC, by which time the relationship between the powers had changed considerably."
Explanation:
Republican= conservative.