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here are the demand and supply curves for a competetive market Q=70 -P and Q= -20+2P...

here are the demand and supply curves for a competetive market
Q=70 -P and Q= -20+2P
i. Calculate the equilibrium in the market.
ii. calculate the consumer supply, producer supply, and total surplus in this competetive free market.
(For parts iii and iv) Now suppose the government intervenes and wants to impose a price ceiling in this market.
iii. The government hires you to give advice. What do you recommend the government set the price ceiling to be for it to be effective/binding?
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