Use the information in the table to graph the demand curve and the supply curve for cupcakes. Label consumer surplus (CS) and producer surplus (PS). Calculate how much consumer surplus there is in this market and how much producer surplus there is in this market. 
Definitions:
Material Spills
Refers to the accidental release of substances, often hazardous, into the environment.
Environmental Impact Statement
A document prepared to describe the effects proposed projects or actions may have on the environment and society.
Proposed Action
A plan or course of action that is put forward for consideration or implementation.
Wetlands Protection Act
A set of regulations designed to protect wetlands from degradation due to construction, development, and pollution.
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