Need to know the equilibrium price at consumer and producer surplus?

$10.00 $7.00 $5.00 $3.00 $1.00 640 850 Q (30 points) Suppose the graph above represents the supply and demand of raisins on Tooth Island. a. What is consumer surplus at the equilibrium price? b. What is producer surplus at the equilibrium price? 0. Suppose a change in demand causes the new equilibrium price to be $7.00. Without doing any math, and without actually seeing the new demand curve, can you say whether producer surplus rises or falls as a result of this change? Briey explain your answer. d. Suppose now that, instead of a change in demand, the government of Tooth Island imposes a $7.00 price oor. What is the new consumer surplus with the price floor in place? What is the deadweight loss associated with a $7.00 price oor? What is the deadweight loss associated with a $3.00 price ceiling? You should have found the same answer for both questions in partf does that mean that consumers and producers are affected equally by the price floor and price ceiling? If not, which side of the market would prefer a price oor and which side would prefer a price ceiling