The graph below represents the market for lychee nuts.The equilibrium price is $7.00 per bushel,but the market price is $5.00 per bushel.Identify the areas representing consumer surplus,producer surplus,and dead-weight loss at the equilibrium price of $7.00 and at the market price of $5.00. 
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Definitions:
Simple Events
Events that consist of a single outcome or occurrence, making them one of the most basic types of probabilistic events.
Compound Event
A type of event that combines two or more simple events, usually by "and" or "or" operations.
Probability
A measure of the likelihood that a specific event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.
Relative Frequency
A measure indicating how often a certain value, event, or outcome occurs in relation to the total number of cases observed.
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