Question: Please help question 9 HW Market Efficiency i 9 Refer to the figure. Market for Game Consoles 0.15 600 Tools points 550 .L. 500 450

Please help question 9

Please help question 9 HW Market Efficiency i 9 Refer to the

HW Market Efficiency i 9 Refer to the figure. Market for Game Consoles 0.15 600 Tools points 550 .L. 500 450 DL Print 400 350 300 8 250 200 150 100 50 O 10 20 30 40 50 60 70 80 90 100110 Quantity Use the graph to show the area representing the deadweight loss, and then determine the deadweight loss created as a result of setting the price at $150. Instructions: Use the tool provided 'DL' to illustrate this area on the graph. Deadweight loss: $

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