Price Qd Qs

20 0 8

15 4 6

10 8 4

5 12 2

0 16 0

Consider Table 1.

a.What is the consumer surplus, producer surplus, total surplus, and deadweight loss without government intervention?

b.What is the consumer surplus, producer surplus, total surplus, and deadweight loss with a price ceiling of $18.00?

c.What is the consumer surplus, producer surplus, total surplus, and deadweight loss with a price floor of $18.00?

d.What is the consumer surplus, producer surplus, total surplus, and deadweight loss with a price ceiling of $10.00?

e.What is the consumer surplus, producer surplus, total surplus, and deadweight loss with a price floor of $10.00?