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:
Electricity and the light bulb. The electricity because thanks to the invention many people were able to communicate more and it was first used for so many other inventions on the way. The light bulb became VERY important and especially for everyday convenience since the invention around 1802..it is said that there's about 20 light bulb inventors (Thomas Edison was just credited). steam power and electricity as well.
I think
Fairy Tales
Family
Socialism and communism are alike in that both are systems of production for use based on public ownership of the means of production and centralized planning. Socialism grows directly out of capitalism; it is the first form of the new society. Communism is a further development or "higher stage" of socialism like communism, calls for putting the major means of production in the hands of the people, either directly or through the government. Socialists differ from communists in that they do not believe that the workers will overthrow capitalists suddenly and violently.
B) how the colonists could hold the hill
