provide your responses to the following questions on a piece of paper and upload their image(s). The government of B.C. recently put a legal limit on food delivery charges. According to new law, delivery fees/charges can't be higher than 20%of a dollar value of food order. Before the law was passed, the delivery charges were as high as 30% of the dollar value of food order. Suppose the market for typical delivery services in a city is in equilibrium with the equilibrium fee/charges 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). ] (ii) What are the main economic arguments against imposing a limit on delivery charges? Explain clearly[ Hint:think of the way in which some people and businesses may be negatively impacted by the law.]