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

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.Suppose that instead of a rent ceiling, the government imposed a price floor of $2,000 per month for apartments.What is the value of the deadweight loss after the imposition of the price floor?

A) $50,000
B) $125,000
C) $175,000
D) $260,000