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Consider the market for wheat where demand is given by: Qd = 150 - 2p and supply is given by: Qs = 40 +

$Consider the market for wheat where demand is given by: $ Q^{d}=150-2 p $ and supply is given by: $ Q^{s}=40+1 p $ Now su$

Consider the market for wheat where demand is given by: Qd = 150 - 2p and supply is given by: Qs = 40 + 1p Now suppose that, due to a market quota, a maximum of 71.67 units of wheat can be supplied by firms in the market. The amount of deadweight loss caused by the market failure is $

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