Business, 20.10.2020 21:01, eburnhisel2023

The Ministry of Misallocation has decreed that the production of widgets must be 6000 each month and the production of gizmos must be 6000 each month. Calculate the deadweight loss in each market caused by these restrictions. Please note the scale of the quantity axis is in thousands.

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The Ministry of Misallocation has decreed that the production of widgets must be 6000 each month and...