The graph below represents the market for alfalfa.The market price is $7.00 per bushel.Identify the areas representing consumer surplus,producer surplus,and economic surplus. 
Definitions:
Factorial Designs
A statistical analysis method that allows researchers to study the effects of two or more independent variables on a dependent variable simultaneously.
Single-Factor Designs
Experiments that investigate the effect of one independent variable on one or more dependent variables.
Interaction Effects
The impact on a dependent variable that changes depending on the levels of two or more independent variables.
Factorial Designs
Experimental setups that allow researchers to examine the effects of two or more factors by changing them simultaneously and observing the results.
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