This question continues the previous one. Show your work (briefly explain each of your calculations; numbers without showing the calculations that need to be made will receive no credit). (a) How much does consumers surplus rise when the government completely subsidizes bike trips? (b) How much do external benefits increase when the government completely subsidizes bike trips? (c) Do the social benefits outweigh the social costs of this subsidy? By how much? 6KB Maximum number of characters (including HTML tags added by text editor): 32,000 Biking to Work/School Market Q, Thousand Trips Per Day This question continues the previous one. Show your work (briefly explain each of your calculations; numbers without showing the calculations that need to be made will receive no credit). (a) How much does consumers surplus rise when the government completely subsidizes bike trips? (b) How much do external benefits increase when the government completely subsidizes bike trips? (c) Do the social benefits outweigh the social costs of this subsidy? By how much? 6KB Maximum number of characters (including HTML tags added by text editor): 32,000 Biking to Work/School Market Q, Thousand Trips Per Day