1. Use the following demand and supply equations: Q, = 100 2P Q; = P 20 Graph the curves. What is the Total surplus in this market at the equilibrium q and p? Calculate Consumer and Producer surplus for this market. If the government sets a price ceiling at $25, what will quantity supplied/demanded be? Calculate total surplus, consumer surplus, producer surplus, and deadweight loss with the price ceiling. f. If the government sets a price oor of $25, what will be the consequence? EDP-99'5\