st-1-prod-fl... Question 2 (25 points): Consider the market for FFP2 mask represented in the diagram below. Initially, the equilibrium price for a FFP2 mask is $5, and the equilibrium quantity of mask is 1500. The government now enforces a price control law that set the price of FFP2 mask at $3 which is below its free-market equilibrium price. Price of a FFP2 mask $8 Supply A B $5 D $3 E $2 Demand 1000 1500 Quantity of FFP2 mask Part I . Use the figure above to fill the following table: Surplus Free Market After Price control Difference Consumer Surplus Producer Surplus Social (Total) Surplus Part II. Use the answers to part a of this problem to answer the following questions: (a) Did consumer surplus definetely rise, definitely remain constant, or definetely fall, or is the direction of the change in consumer surplus unclear? Explain why. (b) Did producer surplus definetely rise, definitely remain constant, or definetely fall, or is the direction of the change in producer surplus unclear? Explain why. (c) Did social (total) surplus definetely rise, definitely remain constant, or definetely fall, or is the direction of the change in social surplus unclear? Explain why. (d) Did price control create any deadweightloss (DWL)? If so, explain why and also show the areas represent the DWL due to the price control on the figure above. (e) Is the market outcome after the price control efficient? Explain your