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Business, 28.06.2021 15:20 Jasten

Suppose that a price floor is set in the market for oranges, raising the price from $1.05 per pound to $1.10 per pound of oranges. The sum of which two areas represents the lost social surplus (deadweight loss) from this price floor?

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Suppose that a price floor is set in the market for oranges, raising the price from $1.05 per pound...
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