Use the information in the following table to graph the demand curve and the supply curve for cupcakes. Label the area of deadweight loss on your graph if the price is set at $1.60. Also label the area of surplus transferred from buyers to sellers. 
Definitions:
Direct Method
A method of reporting cash flows from operating activities in the statement of cash flows that lists major classes of gross cash receipts and payments.
Surgery Department
A specialized division within a hospital where surgical procedures are carried out.
Telecommunications Ports
Physical and virtual connection points used for interfacing different types of telecommunications equipment or networks.
Employees
Individuals who work under a contract of employment, contributing labor in exchange for receiving a salary or wage.
Q137: (Table) According to the data in the
Q145: What is the purpose of the national
Q219: Suppose E. coli (a harmful bacteria) is
Q240: Which event would increase the supply of
Q240: Which scenario is part of a planned
Q289: Prices typically contain more useful information for
Q318: An effective price ceiling results in<br>A) a
Q333: When the mix of goods and services
Q340: The French term for "let it be"
Q341: (Figure: Bread and Honey) In the graph,