Please solve this The government has set milk prices artificially high at pt (price/unit). Sketch a graph of a supply curve S(g) and a demand curve D(q). Label theequilibrium price and quantity p* and q*, respectively. Then label a price pt that is greater than p*. Let qt be the quantity for which the demand curvepasses through p+.A. On your graph, highlight the area corresponding to the consumer surplus when the price is pt. This area can be expressed asQ1B. On your graph, highlight the area corresponding to the producer surplus when the price is pt. This area can be expressed asC. The total gains from trade are given by the sum (consumer surplus + producer surplus). How do the total gains from trade change when the price ischanged from p* to p+2Select a blank to input an answerSAVE? HELPREPORT

The demand is the affordability of a person who is willing to pay the price in the market for the…

The government has set milk prices artificially high at pt (price/unit). Sketch a graph of a supply curve S(q) and a demand curve D(q). Label the equilibrium price and quantity p* and q*, respectively. Then label a price pt that is greater than p*. Let qt be the quantity for which the demand curve passes through p+. A. On your graph, highlight the area corresponding to the consumer surplus when the price is p+. This area can be expressed as B. On your graph, highlight the area corresponding to the producer surplus when the price is pt. This area can be expressed as C. The total gains from trade are given by the sum (consumer surplus + producer surplus). How do the total gains from trade change when the price is changed from p* to p +?