Question 1 Not yet answered Price Per Unit Points out of 1.00 Flag question $5 $4 $3 $2 $1 Demand Quantity 5 10 15 20 25 The graph above shows the demand for a good. Calculate the consumer surplus for when price is $1. (Do not include a "$" sign in your response.) Answer:Question 2 Which of the following would cause consumer surplus (CS) to rise, ceteris paribus? Not yet answered Points out of 1.00 O a. A contraction of supply. Flag question O b. It cannot be determined given the information. O c. An increase in the price of the good. O d. A decrease in the price of the good.Question 3 The equilibrium quantity of sparklers is 1,000 units. The current quantity sold in the market is 1,200. If quantity sold Not yet answered increases to 1,300, what will happen to Deadweight Loss (DWL)? Points out of 1.00 Flag question O a. The change in DWL cannot be predicted given this information. O b. DWL will rise. O c. DWL will fall. O d. DWL will not change.Question 4 Not yet answered Points out of 1.00 F Flag question Suppose that the marginal cost of producing a pizza was $12 for Sal. The price he can sell a pizza at is $30. Calculate Sal's Producer Surplus. (Do not include a \"53" sign in your response.) Question 5 Not yet answered Price Per Unit Points out of 1.00 Flag question Supply A B C D E F Demand Quantity of Alcohol 50 100 150 Suppose that 100 units of this good are currently being produced. Which of the lettered areas would be considered Deadweight Loss in this situation? O a. Area E O b. Area B O c. Area C O d. Area F O e. Area A O f. None, there is no deadweight loss in this situation. O g. Area DQues'i'm 6 The price of a ferret is $20. Suppose that Murr was willing to pay $50 for a ferret. Calculate Murr's consumer surplus. Not yet answered . H .. ' _ (Do not Include a $ Sign In your response.) Points out of 100 F Flag