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
Congress set aside protected land. in response to concerns about the effects of mechanization and Industrialization on the environment.
Congress set aside protected land.
<u>Explanation:</u>
The protection land was called protected because it preserved animals and plants of that area and the government banned all kind of resource exploitation and industrialisation and mining which would harm the natural habitat of that area in any way.
Mechanisation and Industrialization affected the environment in every way possible. The animals were becoming endangered. Plants and water resources were depleting due to chemicals from factories and pollution was also affecting the nature.
Answer:
With the death of President Franklin D. Roosevelt on April 12, 1945, Vice President Harry S. Truman assumed the Oval Office. He surely knew he faced a difficult set of challenges in the immediate future: overseeing the final defeats of Germany and Japan; managing the U.S. role in post-war international relations; supervising the American economy's transition from a war-time to a peace-time footing; and maintaining the unity of a fractious and powerful Democratic Party.
Explanation:
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