The table shows the demand and supply schedules for tacos. What is the equilibrium price, and the consumer surplus and the producer surplus on tacos? What is the efficient quantity of tacos? The equilibrium price of a taco is $ The consumer surplus on tacos is $ The producer surplus on tacos is $ and the efficient quantity of tacos is Price (dollars per taco) 0 1.00 2.00 3.00 4.00 Quantity demanded Quantity supplied (tacos per hour) 160 120 80 40 0 0 40 80 120 160

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