Answer Happy

Quest Use the letters a, b, c, d, or e or the word "none" to identify the correct areas in the graph below. Please use alphabetical order for your answers with no space between the letters. For example if your answer includes the letters e g a, please enter it as aeg with no spaces. 1. If the market below is Perfect Competition, what areas 2 If the market below is Perfect Competition, what areas is the Producer Surplus (PS)? 3. If the market below is Perfect Competition, what areas is the Deadweight Loss? If the market below is a Perfect Competition, what will be the price, Is it Pa or Pb ? 4 IS the Consumer surplus (CS)? 5. If the market below is a Perfect Competition, what will be the Quantity, Is it Qa or Qb? MR Qe Qe S=MC O F