how do I answer A-E

1 1 point The graph accompanying this question show the market for gadgets. The government is considering intervening in this market. a) Calculate the producer surplus at the market equilibrium price and quantity. Show your work. b) If the government imposes a price ceiling at $24, is there a shortage, surplus, or neither? Explain. c) If instead the government imposes a price floor at $28, is there a shortage, surplus, or neither? Explain. d) If instead the government restricts market output to 14 units, calculate the deadweight loss. Show your work. e) Assume the price decreases from $20 to $16. i) Calculate the price elasticity of demand. Show your work. ii) In this price range, is demand perfectly elastic, relatively elastic, unit elastic, relatively inelastic, or perfectly inelastic? $40 Demand $30 Supply- Price $20 $10 0 2 4 6 8 10 12 14 16 18 20 22 24 26 28 30 32 Quantity 4:40 PM w ere to search 2/18/2021 PrtSon Home End PgUp Pg Dn Ins F11 F3 F4 F6 F7 F8 F9 F10 FZ F5