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The following graph shows a market with a price ceiling of $5. Use the graph to fill in the blan below. S 11 5 2
The following graph shows a market with a price ceiling of $5. Use the graph to fill in the blan below. S 11 5 2 D 3 9 Q The price ceiling results in a [ Select ] of [ Select ] units. The price ceiling benefits those [ Select ] who are able to trade, resulting in a consumer surplus of $ [ Select ] and producer surplus of $ [ Select ] . If the equilibrium quantity is 6, the deadweight loss in this market is $ [ Select ]The following graph shows a market with a price ceiling of $5. Use the graph to fill in the blan below. S 11 5 2 D 3 9 Q The price ceiling results in a [ Select ] of [ Select ] units. The price ceiling benefits those [ Select ] who are able to trade, resulting in a consumer surplus of $ [ Select ] and producer surplus of $ [ Select ] . If the equilibrium quantity is 6, the deadweight loss in this market is $ [ Select ]
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