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Q11) Suppose that the domestic demand for television sets is described by Q = 40,000 180 P and that the supply is given by Q

Q11) Suppose that the domestic demand for television sets is described by Q = 40,000 180P and that the supply is given by Q = 20P. Televisions can currently be freely imported at the world price of $160. Suppose the government bans the import of television sets. How much would domestic producer surplus and deadweight loss change?

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