15.4 Consider again the market for broccoli described in Problem 15.1.

a. Suppose demand for broccoli shifted outward to Q= 1,270 -5P.

What would be the new equilibrium price and quantity in this market?

b. What would be the new levels of consumer and producer surplus in this market?

c. Suppose the government had prevented the price of broccoli from rising from its equi librium level of Problem 15.1. Describe how the consumer and producer surplus meas ures described in part

(b) would be reallocated or lost entirely.