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
The answer is the us and great Britain led to an embargo against oil destined for japan
Answer:
the action or process of settling among and establishing control over the indigenous people of an area.
Explanation: WARNING: I used g.o.o.g.l.e for this answer, if you copy and paste this you will get copy write claimed unless you say your source or put that definition into your own words. You could also just change some of the words on the definition
Hope I helped
Marxism is what the modern day guild is called.