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Assume that there is a price floor at the level of P1.What area represents the deadweight loss? Question 8 options: Areas 2 + 3 Areas
Assume that there is a price floor at the level of P1.What area represents the deadweight loss?
Question 8 options:
Areas 2 + 3
Areas 1 + 2 + 4
Areas 2 + 3 + 4 + 5
Areas 4 + 5
Areas 3 + 5
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