In the preceding problem, suppose that there is also a country of Middle Slobbovia, where the value

Question:

In the preceding problem, suppose that there is also a country of Middle Slobbovia, where the value of various people's time ranges between $1 and $10. If Middle Slobbovia imposes a price ceiling on gasoline, how will the value of time wasted in waiting lines compare to the time wasted in Upper and Lower Slobbovia?