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d. Suppose government imposes a price ceiling on eggs at Pc= $2 per dozen. Determine the effects of the ceiling on CS, PS, and allocation

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d. Suppose government imposes a price ceiling on eggs at Pc= $2 per dozen. Determine the effects of the ceiling on CS, PS, and allocation efficiency. In other words, calculate . The change in CS = NOTE: Change = difference between old (part c.) and new (part d.) level. Be sure to indicate whether the change is positive or negative. Use (+) to denote an increase; (-) a decrease. The change in PS = The deadweight loss DWL = e. Now suppose that the government imposes a price floor on eggs instead. The floor is set at PF = $4 per dozen. Calculate the change in PS and the DWL. The change in PS = Again use (+) to denote an increase; (-) a decrease. The deadweight loss DWL =

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