What would be the dead weight loss if Clear Vision was allowed to operate completely unregulated?

Bob is the city planner in a medium-sized southeastern city. The city is considering a proposal to a Show more Bob is the city planner in a medium-sized southeastern city. The city is considering a proposal to award an exclusive contract to Clear Vision Inc. a cable television carrier. Mr. Gardner has discovered that an economic planner hired a year before has generated the demand and total cost functions given below: P = 28 0.0008Q C(Q) = 120000 + 0.0006Q 2 Where Q is the number of cable subscribers and P is the price in dollars of basic monthly cable service. Conditions change very slowly in the community so that Mr. Gardner considers the cost and demand functions to be reasonably valid for present conditions. Mr. Gardner knows relatively little economics and has hired you to answer the questions listed below. What would be the dead weight loss if Clear Vision was allowed to operate completely unregulated? Show less

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Approximately 250 words