Price
Supply
b
k
h
m
K
Demand
Quantity
Assume that there are no externalities.
Let a = $21, b = $15, c = $9, d = $5, j = 13, m = 20, and k = 26.
Calculate the deadweight loss if a price floor of $b is imposed.
Do not enter the $ sign. Round to two decimal places if required.

Q&A Education