What is the deadweight loss created by the price floor

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Question: The demand for tables is P=24-2Q and the supply is P=Q. If the government were to impose a price floor of $12, What is the deadweight loss created by the price floor? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132142071

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