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
Okay so #2 would be C.
And #3 would be B.
Good luck! :D
The thing that the historians can learn from this text about the occupational and social structure of Middle Kingdom Egypt is that writing was important and how they developed their structure of writing.
From this, we can also learn how those old ages developed our own beliefs and influenced our way of life today.
Answer:As technology moved to steam power, there was less wastage and breakage and, correspondingly, factory demand for children was reduced. Further, while children were sent to work because their families were poor, as industrialization proceeded, growing real income lowered their supply.
Explanation: