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Posted: **Fri Jul 01, 2022 8:12 am**

: 4 The Following Table Shows Information On The Demand And Supply For Bicycles Where The Quantities Of Bicycles Are Me 1 (26.63 KiB) Viewed 34 times

4.) The following table shows information on the demand and supply for bicycles, where the quantities of bicycles are measured in thousands. Price $120 $150 $180 $210 $240 Qd 50 40 32 28 24 Qs 36 40 48 56 70

E.) Calculate the Consumer and Producer Surplus with the market in equilibrium. F.) Calculate the Consumer and Producer Surplus with the price control of $120. How much is the Deadwieght Loss?