Use this gasoline supply and demand curve. Supply equation: y = x/150 Demand equation: y = -x/100 + 10 Supply ! Remand Callist line Suppose that the government imposes a $1 per gallon price control on gasoline. (You will recognize a few of the answers below from homework 2) a. How many gallons of gas will be traded in the market? b. How much of a shortage will there be? c. Calculate the transfer from producers to consumers, d. Calculate the deadweight loss experienced by producers. e. Calculate the minimum deadweight loss experienced by consumers. f. Calculate the short run black market price. If this latter price holds, calculate the total transfer of surplus from consumers to producers compared to the initial outcome