Use the following to answer questions :
Figure: The Market for Laptop Sleeves 
-(Figure: The Market for Laptop Sleeves) Look at the figure The Market for Laptop Sleeves. Assume that S and D are the domestic supply and demand curves and the world price is PW. Identify the area of deadweight loss when a tariff raises the domestic price from the world price to PT.
Definitions:
Recombinant DNA Technology
A collection of techniques that enable the joining of DNA molecules from two or more sources, leading to the creation of novel genetic sequences and the production of recombinant proteins.
Genetic Engineering
The deliberate modification of the characteristics of an organism by manipulating its genetic material.
Genomic Library
A collection of DNA fragments that represent the entire genome of an organism, stored in a set of host cells.
Recombinant Gene
A gene that has been created by combining DNA from two or more different sources.
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