The demand and supply for a good are respectively QD = 20 4P + I and QS = 2P with QD denoting the quantity demanded, Qs the quantity supplied, and P the price for the good. Suppose the consumers' income is I = 4. 4) Determine consumers' expenditures at the equilibrium. 5) Determine the consumer surplus at the equilibrium. 6) Determine consumets' total benets at the equilibrium. GL/ECON 1000 3.00 Introduction to Economics: Microeconomics Test #2: Questionnaire Oct. 28, 2021 Prof. Can Erutku 7) Determine producers' total revenues at the equilibrium. 8) Determine producers' total cost (there are no xed costs) at the equilibrium. 9) Determine the producer surplus at the equilibrium. 10) Determine the total surplus at the equilibrium