Question: Please help with this practice question. In a small town in France, the demand curve for wine is given by PD = 124 - ZQD

Please help with this practice question.

In a small town in France, the demand curve for wine is given by PD = 124 - ZQD and the supply curve for wine is given by P5 = 4 + ZQS. Suppose a price ceiling is imposed on wine at a price of $50. What is the dollar value of the deadweight loss caused by this price ceiling? (Write answer without the dollar sign.)

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