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
The American Labor unions respond to the production demands
of the World War II by which they granted the government request in which they
uphold and pledge that they will not strike in which it could be seen that they
respond to the production demands that had occurred in the World War II.
The last one, world war ll
This event is called A-The Long March. Great Leap Forward was a program that Mao introduced once he was Chairman. Trail of Tears was in the US and that was the forced march of Native Americans.
Paleolithic or old stone age from the first production of stone artifacts