m piece of paper and upload their imageis}. Please note that your submission must be handwritten (not type- written]. The government of 8.1:. recently put a legai limit on food delivery charges. According to the new law, delivery feesXcharges can't be higher than 20% of the dollar value of the food order. Before the law was passed. the delivery charges were as high as 30% of the dollar value of the food order. Suppose the market for typical delivery services in a city is in equilibrium with the equilibrium feefcharge of 25%. (i) According to the demand and supply model, what happens in the market for delivery services when there is a ceiling/cap placed at 20%? Explain with the help of an appropriate diagram. [ Hint: the price {P} is delivery fees in percentages and the quantity is the number of deliveries (Q).] l 4 points) (ii) What are the main economic arguments against imposing a limit on delivery charges? Explain clearly. [ Hint: think of the ways in which some people and businesses may be negatively impacted by the law.] {4 points) You may read the following article to understand the context the above information is related to. mos :/ews.gov.bc.cafreleasesf2022J ERI0069