Anumber of competing bakeries in a trendy downtown neighborhood produce fresh cookies. The demand for cookies in that neighborhood is P= 16 - 0.25Q, where Qis the dozens of cookies baked each day. The industry marginal cost for these competing bakeries is MC = 2 + 0.25Q. The surrounding neighbors receive an external benefit from the baking cooks: EMB = 2. A. Find the market equilibrium price and quantity of cookies? B. What is the consumer surplus, producer surplus, and deadweight loss in the market? C. If the bakeries consider the external marginal benefits of baking cookies, what is the equilibrium price and quantity of music? D. What is the consumer surplus, producer surplus, and deadweight loss in the market when the bakeries consider the external marginal benefits of baking cookies