In equilibrium, 2,000 pounds of potatoes are sold each month. A new law requires sellers to buy

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In equilibrium, 2,000 pounds of potatoes are sold each month. A new law requires sellers to buy permits before they can sell potatoes. One permit allows you to sell one pound, and permits can't be reused. The government creates only 1,000 permits and sells them to the highest bidders. Use a graph to show the new price of potatoes, the price of a permit, the gains and losses to all relevant groups, and the deadweight loss.

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