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cng cng
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A year ago
The graph shows the market for apartments in San Francisco.
 

Assume that A=11, B=60, C=9, D=62, E=12, F=20, and G=43. If the maximum rent a landlord can charge is set to P2, producer surplus ________ (increases/decreases) by ________. Consumer surplus ________ (increases/decreases) by ________. There is a deadweight loss equal to ________.

▸ decreases, $62, increases, $62, $43

▸ decreases, $74, increases, 53, $21

▸ increases, $62, decreases, $62, $43

▸ increases, $74, decreases, $53, $21
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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MariannaGMariannaG
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A year ago
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