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Question: 20 current answers not seen as correct perhaps decimal point...

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20 (current answers not seen as correct, perhaps decimal point needs changed or perhaps its the wrong answer all together)

ADVANCED ANALYSIS Given the following diagrams: 어-12 bags. Q2-7 bags Q3-19 bags. The market equilibrium price is $46 per bag. The price at point a is $70 per bag. The price at point c is $10 per bag. The price at point d is $56 per bag. The price at point e is $31 per bag. The price at point fis $67 per bag. The price at point g is $32 per bag. Apply the formula for the area of a triangle Area = ½ x Base x Height) to answer the following questions. Efficiency loss from underproduction Efficiency loss from overproduction Q, Q Quantity (bags) Quantity (bags)

b. What is the dollar value of the deadweight loss when output level Q2 is being produced? S 50.0 What is the total surplus when output level Q2 is being produced? S 147.0 c. What is the dollar value of the deadweight loss when output level Q3 is produced? S 147.0

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