Consider the market for Volkswagen cars. that demand and supply curves for cars are given as- Demand: P = 300 - q and Supply: P = 10 + q. Where the...

Consider the market for Volkswagen cars. that demand and supply curves for cars are given as- Demand: P = 300 – q and Supply: P = 10 + q. Where the price and quantity are in thousands. The news broke on media indicating that the car is not as environmental friendly as the company claimed. This new information changed the demand function to -q. assuming the supply did not change. calculate consumer surplus, producer surplus and the loss of welfare to the society.