question below

7) Issa is regularly outside of her house and tending her flowers and gardening. Her owers are so vibrant and colorful that everyone in the neighborhood enjoys looking at them and the property prices of all the houses in the neighborhood have increased. The marginal social benet (MSB), marginal private benet (MPB) and marginal cost (MC) curves of her gardening activities are drawn below. Problem Set #2 UN 1105 Noor Fall 2022 4 Price of Gardening [5} Qua ntitv of Gardening 3) Using the letters on the diagram, describe the areas of (i) consumer surplus and (ii) producer surplus if the private market equilibrium occurs. b) Using the letters indicated on the diagram, describe the areas of (i) total social surplus and (ii) total externality if the socially optimal (Pareto efcient) level of gardening occurs. 0) What is the area of deadweight loss? Does the neighborhood want to increase or decrease the level of gardening? If the neighborhood association wanted to effect this change, what measures could it take?I