The mathematical Inverse Demand curve was: P = 216,400 - 1600 [Q_d]. Suppose that in-depth research by the company promoting this once-in-a-lifetime "Titanic up-close experience" found their Inverse Supply curve to be P = 20,000 + 2,037.03[Q_s]

i.Suppose the Society of once-in-a-lifetime Opportunities for All has successfully lobbied the government to impose a "Price Ceiling" that makes it possible for "normal" citizens to see the Titanic by setting the price at $100,000.00. Using this price, describe the impact on both the Quantity Demanded, Q_d and the Quantity Supplied, Q_s at the price ceiling price. What is the effect on the current market equilibrium of P = $130,000 and Q = 54?

ii.Suppose the Society for Fair-Price Visits to the Titanic successfully lobbies the government to impose a "Price Floor" that makes a "fair" return possible for suppliers in the market by setting the allowable price at $145,000.00. Using this price, describe the impact on both the Quantity Demanded, Q_d and the Quantity Supplied, Q_s at the price ceiling price. What is the effect on the current market equilibrium of P = $130,000 and Q = 54?

iii.Given the results in parts i and ii above, explain carefully WHY the market would be unable to re-establish a "new" equilibrium Quantity Demanded, Q_d and Quantity Supplied, Q_s in the market under either of these impositions.

Please explain the steps so that I can understand. Thank you. :)