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 winner of each series is given the opportunity to perform at the Royal Variety Performance in front of members of theBritish Royal Family, including either Queen Elizabeth II or the Prince of Wales, and also receives a cash prize of $250,000.
The Umayyads were the first Muslim dynasty to achieve success after caliph rule.
Hitler emphasized on taking land fast, so he created the Blitzkrieg, or lighting war. It relied on mobile units, or a mobilization army and limited artillery to create confusion and disrupt enemy front lights. This war strategy saved a lot of lives and was considered genius. The tactic worked extremely well on Poland, and eventually broke into France.
Hey man this is the answer "the persians"