Fill in the blanks below with decimal numbers (not fractions):
Suppose the demand for a product can be modeled with the equation P = 100 − 2Q and the corresponding supply curve can be modeled with P = 3Q.
In equilibrium, _____________units of the good will be sold at a price of $ ________each.
At $66, the quantity demanded is __________units.
At $51, the quantity supplied is ________units
The deadweight loss of a $66 price floor would be $_________