Figure 4-5 Figure 4-5 Shows the Market for Apartments in Springfield. Recently

Multiple Choice

Figure 4-5

Figure 4-5 shows the market for apartments in Springfield. Recently, the government imposed a rent ceiling of $1,000 per month.
-Refer to Figure 4-5.What is the value of the deadweight loss after the imposition of the ceiling?

A) $50,000
B) $100,000
C) $150,000
D) $200,000