Please refer to the graph above. Assume this market is regulated to price $85. What is the resulting deadweight loss?

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A: budget is a estimate expense and income for certain period of time

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A: Using the 2 months simple moving average method, the sales forecast for the 5th month is  = (Sales…

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A: Elasticity is the percentage change in quantity due to percentage change in price.  The supply is…

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A: Approach to solving the question: we have used vector approach to solve the question by doing cross…

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A: Answer: Given, Monthly income = $3,000 20% of income=3000×2010020% of income=600Total money for car…

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A: Cost volume is a kind of cost accounting useful for short run consequences and also for primitive…

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