Use the following to answer question: 
-(Figure: The Market for Hybrid Cars) Use Figure: The Market for Hybrid Cars.What area represents deadweight loss if there is a binding price floor at P1?
Definitions:
Foreign Policy Goals
The objectives that a country aims to achieve in its relations with other nations, including peacekeeping, trade improving, and securing alliances.
Senate
The upper chamber of the United States Congress, which, along with the House of Representatives, makes up the legislature of the USA.
Secretary of State
A senior official responsible for foreign affairs in the U.S., overseeing diplomatic missions and representing the country in international matters.
Late Nineteenth Century
The period from 1871 to 1900, characterized by rapid industrialization, technological advancement, and the emergence of imperialist ambitions among major powers.
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