Suppose that the government introduces a production quota for mushrooms and sets it at 3,000 pounds per week. What is the market price of mushrooms? Calculate the producer surplus and the deadweight loss created.

Use the table, which shows the demand and supply schedules for mushrooms.

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Price (dollars per pound) 1.00 2.00 3.00 4.00 5.00 6.00 Quantity demanded Quantity supplied (pounds per week) 4,500 4,000 3,500 3,000 2,500 2,000 0 1,000 2,000 3,000 4,000 5,000