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19 February, 01:56

Suppose the market demand for ethanol iand market supply of ethanol if the government institutes a price ceiling of $1.801.80 , what is the effect on economic efficiency? the price ceiling will create deadweight loss of $ 0.40.4. (enter your response rounded to two decimal places.)

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  1. 19 February, 02:01
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    1.801.80 - 0.40.4 = 1, 80 ... 179.596
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