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. 
__________________________________________________________________________________________________________________________________________________________________________________________
Definitions:
Island Species
Species of plants and animals that are found exclusively on islands, often characterized by unique adaptations and high levels of endemism due to isolation from mainland populations.
Mainland
The principal landmass of a country or continent, as distinguished from islands or peninsulas.
Island Chain
A series of islands closely located, often formed by volcanic activity, which can be found in oceans and seas around the world.
Economic Service
Services that lead to the production of economic value, including industry, banking, transportation, and any service contributing to the economy.
Q25: If the demand for mobile phone service
Q43: Refer to Figure 5.1.What is Arnold's benefit
Q58: If the 15th unit of output has
Q61: The marginal cost curve has a U
Q93: Refer to Figure 7.5.The figure shows the
Q104: A decrease in the price of GPS
Q160: If the demand curve for a product
Q161: Costs that have already been incurred,and which
Q188: If,when a firm doubles all its inputs,its
Q202: Scarcity is defined as the situation that