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Question 1
The graph below shows the supply and demand curves for bagels.


Graphing window shows horizontal axis: 0 to 12, vertical axis: 0 to 12. Start Graph, Color red
xy
02
13
24
35
46
57
68
79
810
911
1012
1113
1214
Start Graph, Color blue
xy
010
19
28
37
46
55
64
73
82
91
100
11-1
12-2
Start Graph, Color black
xy
05
15
25
35
45
55
65
75
85
95
105
115
125
Label "Quantity of bagels" at pixel coordinates (175,0).Label "Price of bagels" at pixel coordinates (0,170).Label "Demand" at (1,10-1). Label "Supply" at (1,2+1). Label "Price Ceiling" at (1,5).

Consumer, producer and total surpluses with no government price controls:

What is the size of consumer surplus when there are no government price controls? $  
 

Hint

Question 2
What is the size of the producer surplus when there is no government price control? $  
 

Hint