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:
The concepts in the Declaration come from the tenets of the Enlightenment, including individualism, the social contract as theorized by Jean-Jacques Rousseau, and the separation of powers espoused by Montesquieu. The spirit of secular natural law rests at the foundations of the Declaration
Japan surrender. September 2,1945
Answer: Galileo devised a method that exhibits some provocative similarities to, and differences from, a Rasch approach to instrument design: Viewed as a whole, Galileo's method then can be analyzed into three steps, intuition or resolution, demonstration, and experiment; using in each case his own favorite terms.
Explanation:
Jenner found germs and invented vaccines. Pasteur found how to kill germs from food for a very long time. Lister invented early antiseptics along with Listerine brand mouthwash. Please mark Brainliest!!!