Suppose that the demand curve for coffee is and the supply curve is . Draw the supply and demand curves below. 10 2 3 4 5 6 7 8 9 10 1) What is the equilibrium price and quantity? 2) In dollars, what is total surplus, consumer surplus, and producer surplus? 3) Suppose the government implemented a price floor at $7 per cup of coffee. a. Identify the new quantities demanded and supplied and any surplus or shortage of coffee. What will the new quantity be in the coffee market? b. In dollars, what is total surplus with the price floor? How much deadweight loss was created, if any