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A person's demand and supply equations for rice per month are as following: Demand: Q = 40 - 5*P Supply : Q = -20 +

A person's demand and supply equations for rice per month are as following:

Demand: Q =  40 - 5*P

Supply  : Q = -20 + 10*P


Required:

What are the market equilibrium price ($/kg) and quantity (kgs/month) for rice?

At the market equilibrium price, what are the consumer surplus and producer surplus?

If the rice price rises to $5/kg, 

What are the consumer surplus and producer surplus?  

What is the impact of this rice price increase on the consumers and producers as a whole?

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