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Q16 0.15 Points Figure 1 P Supply G K M Demand T Q Consider Figure 1. Suppose that the government imposes a price ceiling at p1. In equilibrium, producer surplus is equal to O A. Area A + B + C+ D. O B. Area E. O C. Area C + H + D +I+ E. O D. Area E + F. O E. None of the above.Q17 0.15 Points Figure 1 P Supply K H M Demand T 01 Q Consider Figure 1. Suppose that the government imposes a price ceiling at p1. In equilibrium, excess demand is equal to O A. q1 -92. O B. Area N + Q + S. O C. q1. O D. 94 -91. O E. None of the above.Q18 0.15 Points Figure 1 P Supply Pamuk H K M Demand N T Q Consider Figure 1. Suppose that the government imposes a price floor at p1. In equilibrium, consumer surplus is equal to O A. Area A + B + C + D. O B. Area A + B + G. O C. Area C + H + D+I+ E. O D. Area E + F. O E. None of the above.Q19 0.15 Points Figure 1 P Supply K H M Demand N T Q Consider Figure 1. Suppose that the government imposes a quantity restriction on the sellers at 91. In equilibrium, deadweight loss is equal to O A. Area A + B + C + D. O B. Area G + H + I. O C. Area C + H + D +I+ E. O D. Area E + F. O E. None of the above.020 0.15 Points Consider Figure 1. Suppose that the government imposes a quantity restriction on the buyers at (13. In equilibrium, deadweight loss is equal to O A. Area A+B+C+D. O B. Area G+H+I. O C. Area C+H+D+I+E. O D. Area E+E O E. None of'the above