please answer all parts and do graphs by hand or near and labeled on computer!

Problem 5: Demand and (Deriving Market) Supply, Continuously Ari and Bernice are small producers of pain-relieving gel. Ari's marginal cost of gel production is given by MCx = 1/4 qa, while Bernice's is given by MCg = 1/2 gg. They are able to sell their gel at a wine-and-wellness market, where the market demand for gel is given by QP=40-4P. Gel is measured in ounces, although partial units of production and consumption are possible (i.e. you can draw continuous curves, and not confine your analysis to integers). a) Sketch Ari and Bernice's marginal cost curves and the market demand for gel in three separate side-by-side diagrams. b) Suppose Ari and Bernice are new to the market, and make their production decisions without knowing precisely what the demand for their gel will be. It turns out that they cach produce twelve ounces of gel (qa=qs=12); when they bring their product to the market, each unit is sold for the market-clearing price (i.e. the price specified by the demand curve for Q=24). Compute the total consumer surplus and producer surplus associated with this outcome; make reference to your diagrams from part a) in your computations. ) Now compute the market supply curve and the competitive equilibrium outcome for this market (in which Ari and Bernice are the only producers). What will be the market price per ounce of gel? How much gel will be sold by Ari and by Bernice? Compute the total consumer surplus and producer surplus associated with this outcome. [You will probably find it helpful to draw a new diagram.] d) In words, briefly compare the efficiency of the scenarios you described in parts b) and c)