The graph below depicts a government intervention setting at a price ceiling of$1,500 per month for a rental apartment. What is the value for the
The graph below depicts a government intervention setting at a price ceiling of$1,500 per month for a rental apartment. What is the value for the deadweight loss in this market? Price V (month ly rent) $4000 $3500 Suppw $3000 Consumer $2 500 Surplus $2 000 $1500 Maximum Price $1000 $500 0 2 4 6 8 10 12 Quantity of Apartments [in millions)
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