Exhibit 7-6 Refer to Exhibit 7-6.If the market is in equilibrium and then the government imposes a price floor equal to P₁,sellers lose producer surplus equal to area ____,but gain producer surplus equal to area ____.

Question

Quizplus · Accepted Answer

The Answer of Exhibit 7-6 Refer to Exhibit 7-6.If the market is in equilibrium and then the government imposes a price floor equal to P₁,sellers lose producer surplus equal to area ____,but gain producer surplus equal to area ____.