Question: The demand for wheat is given by: Q D = 126-0.2P . The supply of wheat is given by: Q S = 5P -290 .

The demand for wheat is given by: QD= 126-0.2P. The supply of wheat is given by:QS= 5P -290. Suppose the governmentimposes a a price ceiling of $68.

Calculate the dollar amount of deadweight loss from the priceceiling.

(Do not include a $ sign in your response. Round to thenearest two decimal places if necessary.)

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