The demand and supply curves in the market for gasoline are illustrated in the graph below. Starting at the equilibrium point,if the government imposes a price ceiling of $10,the deadweight loss will be the area ______.

Question

The demand and supply curves in the market for gasoline are illustrated in the graph below.  Starting at the equilibrium point,if the government imposes a price ceiling of $10,the deadweight loss will be the area ______.

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The Answer of The demand and supply curves in the market for gasoline are illustrated in the graph below.  Starting at the equilibrium point,if the government imposes a price ceiling of $10,the deadweight loss will be the area ______.

The Demand and Supply Curves in the Market for Gasoline