Question: please help me with 19-27! 18: ansumer expenditures? 23. The new producer surplus if demand shifts to the right so that the new market price

please help me with 19-27!

18: ansumer expenditures? 23. The new producer surplus if demand shifts to the right so that the new market price and quantity are P2 and Q2? Od Of Om 0 q For question 19, refer to the next graph below. Ow 19. To support the market price at P2 (above the equilibrium market price of Pi), what is the 0 x Oz quantity of this commodity that the government must buy off the market? (Choose one letter) a. Q2 - Q3. b. The area = r+ f+ x+dtv+q. 24. The change in producer surplus if demand shifts to the right so that the new market price and C. P2 * Q2. quantity are P2 and Q2? d. (P2 * Q2) - (P1 * Q1) O d Of e. The area = r+ x + d tv+q P O m For all remaining questions, check the box or all boxes P 0 q of the area(s) on the same graph which, when O W added together, represent: 20. Producer surplus if the price is Pi? x Oz Od Of O m m . 25. The new consumer surplus if the supply curve shifts to the left so that the new equilibrium price and quantity are P2 and Q3? 0 q Q v Q3 Q1 Q2 O d Ow O m X q O V 21. Consumer surplus if the price is Pi? Or Ow O d Of n x O m 26. The change in the sum of producer and consumer surplus if the government sets P2 as the q Ov support price and purchases the surplus created? O w Od Of X O z Om 0 q O V 22. The decline in consumer surplus if the government sets a support price of P2 above P,? Or O w Of O z m 0 q O V 27. Producer revenue at P1? Or O w Of X O z O m 0 q 0 Or Ox O z
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