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Suppose the market demand for ethanol is Q' = 60 -5P and market supply of ethanol is QS = 20 + 15P. If the government

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Suppose the market demand for ethanol is Q' = 60 -5P and market supply of ethanol is QS = 20 + 15P. If the government institutes a price ceiling of $1.80, what is the effect on economic efficiency? The price ceiling will create deadweight loss of $ (Enter your response rounded to two decimal places.)

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