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In 1818, the United States and Britain agreed to occupy Oregon Country jointly. Spain and Russia had few settlers there, so they withdrew their claims to Oregon Country region's vast forests, trapping animals and living off the land. They were known as mountain men
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
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It required many unwilling citizens to participate in a war
Vasco da Gama. Vasco da Gama was the first European to open a sea-based trade route to India. In an epic voyage, he sailed around Africa's Cape of Good Hope and succeeded in breaking the monopoly of Arab and Venetian spice traders.