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[dollar per pound) Supply Quantity (pounds) Figure 4-3 shows the market for tiger sh imp. The market is initially in equilibrium at a price of

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[dollar per pound) Supply Quantity (pounds) Figure 4-3 shows the market for tiger sh imp. The market is initially in equilibrium at a price of $15 a..d a quantity o. 80 Now Guppo e producers decide to cut output to 40 in order to raise the price to $18 Refer to ride 4 3. What is the value of the deadweig. .t loss at the equilibrium price of $15? a. $100 J. $60 -. $. 0 3. $0

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