The cost of ride-share trips from Manhattan to JFK Airport has gotten too high for the New York City Mayor, who decides to lower the price of trips. Assume competition among the suppliers of ride share trips results in a common price for these specific trips. Let the demand and supply for these trips at different prices be given by the (partial) demand and supply schedules shown below. Assume demand and supply are linear functions and that they are defined over quantities greater than or equal to 0, i.e They intercept the vertical axis. Demand also intercepts the horizontal axis. Fairs Per Ride Quantity Demanded Quantity supplied $7 10 12 $6.50 11 11 $6 12 10 $5.50 13 9 $5 14 8 $4.50 15 7 (d) [4 points] Calculate consumer surplus in dollars. (e) [4 points] Calculate producer surplus in dollars. (f) [2 points] What is total welfare (in dollars) in the market? (g) [6 points] Now suppose the price ceiling is imposed at $5.50. In the same figure you drew for (a) above, sketch the quantity supplied and demanded amid this price ceiling. How much is the shortage of rides (if there is one)