(Figure: Price Ceilings and Valuation of Uses) Refer to thefigure. Suppose a price ceiling of $15 goes into effect. If thehighest value use and the lowest value use are equally likely tobe satisfied, then the average value of the product is:

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The Answer of  (Figure: Price Ceilings and Valuation of Uses) Refer to thefigure. Suppose a price ceiling of $15 goes into effect. If thehighest value use and the lowest value use are equally likely tobe satisfied, then the average value of the product is:

(Figure: Price Ceilings and Valuation of Uses) Refer to Thefigure