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Suppose the market demand for ethanol is QD=605P and market supply of ethanol is QS=20+15P If the government institutes a price ceiling of $1.20, what

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Suppose the market demand for ethanol is QD=605P and market supply of ethanol is QS=20+15P If the government institutes a price ceiling of $1.20, 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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