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Rent (dollars per month) 1.500 1.400 1.300 1.200 1,100 kent 1,000 D O 100 150 200 250 300 350 Quantity (thousands of units) 1. The

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Rent (dollars per month) 1.500 1.400 1.300 1.200 1,100 kent 1,000 D O 100 150 200 250 300 350 Quantity (thousands of units) 1. The above figure shows a housing market with a rent ceiling equal to $1,000 a) In this figure, what area is equal to the resources lost due to search (searching cost)? Please calculate the consumer surplus b) In this figure, what area is equal to the producer surplus? Please calculate. c) In this figure, what area is equal to the consumer surplus? Please calculate. d) In this figure, what area is equal to the deadweight? Please calculate

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