Multiple ChoiceThe supply and demand curves for a product are as follows. What is producer surplus if a price floor of $21 is set? QD = 45 - 2PQS = -15 + P202views
Multiple ChoiceThe supply and demand curves for a product are as follows. What is deadweight loss if a price ceiling of $2 is set? QD = 600 - 100PQS = -150 + 150P185views1rank