Use the following to answer questions:
Figure: Losses from Price Ceilings
-(Figure: Losses from Price Ceilings) Refer to the figure. At a price ceiling of $1, the area representing the total value of wasted time is ________, and the area of the deadweight loss is ________.
A) ab; de
B) bd; ce
C) abdf; ce
D) bc; de

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Use the following to answer questions:
Figure: Losses from Price Ceilings 
-(Figure: Losses from Price Ceilings) Refer to the figure. At a price ceiling of $1, the area representing the total value of wasted time is ________, and the area of the deadweight loss is ________.
A) ab; de 
B) bd; ce 
C) abdf; ce 
D) bc; de

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The Answer of Use the following to answer questions:
Figure: Losses from Price Ceilings 
-(Figure: Losses from Price Ceilings) Refer to the figure. At a price ceiling of $1, the area representing the total value of wasted time is ________, and the area of the deadweight loss is ________.
A) ab; de 
B) bd; ce 
C) abdf; ce 
D) bc; de

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