The table shows the demand and supply schedules for oranges. Quantity Quantity Suppose that the government introduces a production quota for oranges and sets Price demanded supplied it at 5,250 pounds per week. (dollars per pound) (pounds per week) What is the market price of oranges, the producer surplus, and the deadweight 1.50 7,875 0 loss created? 3.00 7,000 1,750 4.50 6,125 3,500 6.00 5.250 5.250 7.50 4,375 7,000 The market price of oranges is $ | a pound. 9.00 3,500 8,750 The producer surplus is $ > >> Answer to two decimal places The deadweight loss is $