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Market demand function is given by Qd = 180 - 2P, and a Market supply function is given by Qs = 15 + P. The

Market demand function is given by Qd = 180 - 2P, and a Market supply function is given by Qs = 15 + P. The market is government-regulated with a price support per unit and production quotas. If the price is set at $72 per unit, what production quota is needed to make sure there are no shortages or surpluses?

Considering the price support and the quota, what is the:

a, the consumer surplus?

b. the producer surplus?

c. the deadweight loss?

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