Question: Suppose there are two producers and two consumers in the market. SP, PZO (0, others Producer 1's supply curve is q Producer 2's supply

$Suppose there are two producers and two consumers in the market. Producer 1 s supply curve is ( q_{1}^{S}=left{begin{arr$

Suppose there are two producers and two consumers in the market. SP, PZO (0, others Producer 1's supply curve is q Producer 2's supply curve is q = = Consumer 1's demand curve is q Consumer 2's demand curve is q -2+2p, p 1 0, others - = = (5-p, 0, (3-p, 0, 0p 5 others 0p 3 others Please answer the following questions: (1) What is the market supply curve q = S(p)? (5 points) (2) What is the market demand curve q = D(p)? (5 points) (3) What is the market equilibrium? Please calculate the consumer surplus and the producer surplus. (15 points)

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