. (30 pts) Demand and Supply. This is the market for bananas in Vancouver:

PRICE PER UNIT	60	120	180	etc
QUANTITY DEMANDED	22	12	2	etc
QUANTITY SUPPLIED	11	23	35	etc

a._________________________________________ What is the demand equation (Qd=f(P)?

b. __________________________________________ What is the supply equation (Qs=f(P)?

c. __________________________________________Find the equilibrium price and quantity?

d.___________________________________ What is the cost at equilibrium?

e. ______________________________If the government makes it illegal to sell below $108, what is the quantity traded?

f. __________________________What is the change in consumer surplus caused by this price floor?

g. _____________________If a price searcher takes over this product, what is the marginal revenue equation (MR=f(Q)?

h. _______________________What quantity maximizes producer surplus for a price searcher?

i. __________________________What is the producer surplus earned by this price searcher?

j. __________________________What is the dead weight loss caused by this price searcher?