Q-140-10p and the supply curve is Q-10p. The government imposes a price ceiling of p-$4 per unit. a. How do the equilibrium price and quantity change? (round quantities to the nearest integer and round prices nearest penny) and the price without the price ceiling is The equilibrium quantity without the price ceiling is $ 7 The equilibrium quantity with the price ceiling is b. What effect does this ceiling have on consumer surplus, producer surplus, and deadweight loss? 75.00 The change in consumer surplus (CS) is $ The change in producer surplus (PS) is S -165.00 (round your answer to the nearest penny). (round your answer to the nearest penny). (round your answer to the nearest penny). The deadweight loss (DWL) is S 90.00 70 40

Question 9

The diagram to the right shows a market in which a price floor has been imposed. Identify the following (enter all values as integers). a. The deadweight loss is $ b. The transfer of consumer surplus to producers is $ c. Producer surplus with this price floor is $ d. Consumer surplus with this price floor is $ Price 6.00 5.00 A B C .00 D E 3.00 F 2.00 30,000 60,000 Quantity Supply Pflool Deman

Consider the attached graph showing the supply and demand for rental apartments around the UH. campus. If the government were to subsidize housing by $1000 per unit per month, then the quantity of rental apartments would____ (increase or decrease) by____ thousand units. The rental price received by landlords inclusive of the subsidy would ____(increase or decrease) by_____ dollars per month while the price paid by tenants, net of the subsidy, would____ (increase or decrease) by____ dollars per month

If the government imposes a price ceiling at $14, and the equilibrium price is at $10 in this market, the result would be a. A shortage b. A surplus c. A new equilibrium price d. Neither a surplus or a shortage

anity 9. Refer to the diagrams posted with the problem set instructions. If the price ceiling is binding, determine: a. the area of consumer surplus. b. the area of producer surplus. e une area of consumer surplus in $$$. C

Answer please...

Assume the following demand and supply curves Qd=95-5P Qs=-40+10P Compute the price and quantity i the government was to impose a price ceiling of P=$6 Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a b с d P=9, Qs=50, Qd=50 P=6, Qs=50, Qd=50 P=6, Qs=20, Qd=65 P=5, Qs=10, Qd=70

For the subsidy in the last question ($1000 per month), what are: (a) the change in consumer surplus; (b) the change in producer surplus; (c) the government cost of the subsidy; and (d) the deadweight loss.

See image below