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
A. He was moody and short tempered and once had his nose broken in a fight with a fellow student.
Answer:
America is named after Amerigo Vespucci.
Explanation:
It is named after this man because he was the explorer who set forth the revolutionary concepts that the lands that Christopher Columbus in 1492 were part of a separate continent.
Answer:
Anti-Imperialists League
Explanation:
Anti-Imperialists League. On 1898, the Anti-imperialist league formed to fight U.S. annexation of the Philippines, citing a economic, legal and racial reasons mainly. It was conformed by members such as Andrew Carnegie, Mark Twain, William James and David Starr Jordan, it eventually ended with the signing of the Treaty of Paris.