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 deadweight loss at the equilibrium price of $7.00 and at the market price of $5.00. 
Definitions:
Population Mean
The average of all the values in a population, representing the central point of a data set.
Store Manager
An individual responsible for overseeing the daily operations of a retail store, including managing staff, inventory, and customer service.
Biased Estimator
A statistical estimator that does not generate parameter estimates with long-run average values equal to the true population parameter.
Sample Statistic
A numerical measure that describes an aspect of a sample.
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