3.5 Consumer, Producer Surpluses and Deadweight Loss
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Last updated over 2 years ago
4 questions
1
Draw a supply and demand curve; color in consumer and producer surpluses.
Draw a supply and demand curve; color in consumer and producer surpluses.
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Quickly redraw the above but now with dead weight loss due to a price ceiling.
Quickly redraw the above but now with dead weight loss due to a price ceiling.
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