Question: Consider the market for wheat where demand is given by: Qd = 150 - 1p and supply is given by: 09 =40 + 2p. Now

Consider the market for wheat where demand is given by: Qd = 150 - 1p and supply is given by: 09 =40 + 2p. Now suppose that, due to a market failure (an artificial shipping constraint), a maximum of 108.33 units of wheat can be supplied by rms in the market. The amount of the deadweight loss caused by the market failure is $ 89.58 . (Enter your answer rounded to the nearest penny and as a positive number.)

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