i don't know how to start answering this question--i don't need answers; i just want to be set up to answer these correctly: 2. Vehicle Emission Standards and the Deadweight Loss from Regulating SUVs

Suppose the demand curve for sport utility vehicles (SUVs) is given by:

x = 600.5

where is the quantity sold in thousands, and is the price in thousands of dollars. The car companies' supply curve for SUVs (in the same units) is given by: x = 50+5

a) How many SUVs are demanded, and at what price?

Suppose new vehicle emission standards are introduced. They require design changes that raise the cost of manufacturing an SUV by 5,000 dollars.

b) What will be the change in consumer surplus? What will be the change in producer surplus? What is the change in total welfare for the two groups actors considered in this setup?

c) Are the standards a good or bad thing? What sort of information would we need to get a definitive answer?