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
hi is this all of the text or is there more
Answer:
Africans played a direct role in the slave trade, kidnapping adults and stealing children for the purpose of selling them, through intermediaries, to Europeans or their agents. Those sold into slavery were usually from a different ethnic group than those who captured them, whether enemies or just neighbors.
Their Isolation left them far behind Europe.
<span>Compliance assistance helps the regulated community (business, industry and government) understand and meet their environmental obligations</span>