As you may know, we are considering entering the tomato sauce market. We have continued our research and now better understand consumer demand for our jars of sauce as:

D(p)=-3p+25

We are prepared to supply:

S(p)=2p-4

In this question, assume that the equilibrium price and quantity are given by:P andQ

A)What is the consumer surplus at $4?

B)What is the producers surplus at $4?

C)What is the function for consumer surplus?

D)What are the equilibrium price and quantity?

E)If the government provided the product $0 as the producer, what would happen to surplus / quantity supplied?