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10 September, 11:41

If underproduction occurs in this market, and 10 million DVDs are produced, consumer surplus is $ 30 million and producer surplus is $ 15 million. (Enter your responses as integers. ) ( Hint: When calculating consumer and producer surplus, assume that only the quantity being produced changes; market price remains the same.) The deadweight loss with underproduction is $ nothing million. (Enter your response as an integer. )

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  1. 10 September, 11:44
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    20 dollars
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