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

Assume the below is the market for agricultural foodstuff (corn, wheat, soybean, etc.): Price ($) Supply P1 2 P2 4 5 Demand Q2 Q1 Quantity