Answer all 5 questions. In order to get full credit you must show all of your work: If questions have multiple parta please elestly label which part of the quextion you are anstrering. You will be awarded 2 Extra Credit Points if you complete the assignment on this document. 1. (5 points) Supply and Demand Applications: The Frinheitsgebot is a set of laws established in the is00s that regulate the production and ale of beer in Germany. Anotig its provisions, the cdiet set maximum prices that brewers could charge at varions times of the year: From Miehncimas to Georgi, the price for one [Bavariam Titer] is not to exceed one Pfennig Munich value.-Chesp beer this nust be a great thing for consumers! Suppose that the demand for becr is given by QD60001500P, and the supply of beer is gven by QS=1000+2000P. (a) Graph the supply and demand for becr