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ADVANCED ANALYSIS Assume the following values for the diagrams below: Q1=25 bags Q_{2} = 20bags*Q_{3} = 32bags * 0.7 T price $35 per bagThe at
ADVANCED ANALYSIS Assume the following values for the diagrams below: Q1=25 bags Q_{2} = 20bags*Q_{3} = 32bags * 0.7 T price $35 per bagThe at point a $110 per bagThe price at point $10 per bag. The price at point bagThe price at point $30 per bagThe price at point $42 per bag. The price at point g is $14 per bag. Apply the the area of a triangle (Area=15* Base* Heightto answer the following questions ()() Efficiency from underproduction Efficiency loss from overproduction Price per bag ) Price ( per bag D q_{2}; Q_{1}; 9 3 Quantity (bags) Instructions : Round your answers to two decimal places Quantity (bags ) a What the value of the total surplus producer surplus consumer surplus ) when the allocatively efficient output lev produced ? What is the value of the consumer surplus at that output level ? What is the dollar value of the deadweight loss when output level Q_{2} produced ? What is the total surplus when output level produced ? cWhat the dollar value of the deadweight when output level alpha_{3} produced ? What is the dollar value of the total surplus when output level produced
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