The market supply and market demand curves for a magazine highlighting events and happenings for a metropolitan area are illustrated in the figure to the right 5.00 4.50- 4.00 If the magazine publisher charges a weekly subscription price of $3.00, what will be the resulting deadweight loss, if any? Supplya Deadweight loss will be $2 thousand. (Enter your response rounded to two decimal places.) 3.50- 3.00 2.50 2.00- 1.50 1.00 0.50 8 CO Demand 0 1 2 3 4 5 6 789 10 Quantity (subscriptions per week in 1000s)
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The market supply and market demand curves for a magazine highlighting events and happenings for a metropolitan area are illustrated in the figure to the right 5.00 4.50- 4.00 If the magazine publisher charges a weekly subscription price of $3.00, what will be the resulting deadweight loss, if any? Supplya Deadweight loss will be $2 thousand. (Enter your response rounded to two decimal places.) 3.50- 3.00 2.50 2.00- 1.50 1.00 0.50 8 CO Demand 0 1 2 3 4 5 6 789 10 Quantity (subscriptions per week in 1000s)
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