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
Filial, because you need loyalty to be trusted, you need God to guide you and you can make the choice to be independent but, independent or not does nto matter.
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Answer:
Article 1 is the Texas Constitution's bill of rights. The article originally contained 29 sections; five sections have since been added. Some of the article's provisions concern specific fundamental limitations on the power of the state. The provisions of the Texas Constitution apply only against the government of Texas.
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Answer:
A British attack, originally conceived as a very large scale raid, that employed new artillery techniques and massed tanks. Initially very successful with large gains of ground being made, but German reserves brought the advance to a halt. Ten days later, a counter-attack regained much of the ground.
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