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Market for Gadgets $9 Supply $4 $3 $2 Demand $1 SO 0 1 2 3 4 5 6 7 8 9 10 11 12 13

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Market for Gadgets $9 Supply $4 $3 $2 Demand $1 SO 0 1 2 3 4 5 6 7 8 9 10 11 12 13 If the government sets a price ceiling at $4 in the market for Gadgets If the government sets a price ceiling at $4 in the market for Gadgets, there will be If the government sets a price ceiling at $4 in the market for Gadgets, the deadweight loss will be If the government sets a price ceiling at $4 in the market for Gadgets, the change in consumer surplus compared to equilibrium will be | [ixl#] If the government sets a price ceiling at $4 in the market for Gadgets, producer surplus will be [it1=]

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