With the government set maximum rent of $1,600, producer surplus is With the government set maximum rent of $1,600, producer surplus is _________.Image transcription textAssume that the following graph represents the supply and demand for two-bedroom apartments in a localmarket. Use this graph to answer the following questions. Market for TwoBedroom Apartments in MetroDowntown 52.5w 52,5oo 52,405 slam 52.20::- 52,130 Smoo- 51,900 51.30:: 51300 $1.600 $1.501} Show more Show more Business Economics Microeconomics ECON 201