+ 2.com/courses/26301/quizzes/89115/take D Question 7 1 pts Price ($/unit) 150 120 Supply 70 ation Demand 200 Quantity 300 (thousands iver Referring to the above figure, and as a result of the price increasing from $70 to $120, the deadweight loss to producers would be: $2,500 $1,500 $4,000 @ $1,000 Question 8 1 pts QS = 25 + 10P Suppose the domestic supply and demand curves for MP3 players in the United States are given by the following set of equations: QD = 925 - 5P