Question: Based on the information in the Botox Application, what would happen to the optimum price and quantity if the government had collected a specific tax

Based on the information in the Botox Application, what would happen to the optimum price and quantity if the government had collected a specific tax of $\$ 75$ per vial of Botox? What welfare effects would such a tax have?

Data From Botox Application:-

Ophthalmologist Dr. Alan Scott turned the deadly poison botulinum toxin into a

Ophthalmologist Dr. Alan Scott turned the deadly poison botulinum toxin into a miracle drug to treat two eye conditions: strabismus, a condition in which the eyes are not properly aligned, and blepharospasm, an uncontrollable closure of the eyes. Strabismus affects about 4% of children and blepharospasm left about 25,000 Americans functionally blind before Scott's discovery. His patented drug, Botox, is sold by Allergan, Inc. Dr. Scott has been amused to see several of the unintended beneficiaries of his research at the annual Academy Awards. Even before it was explicitly approved for cosmetic use, many doctors were injecting Botox into the facial muscles of actors, models, and others to smooth out their wrinkles. (The drug paralyzes the muscles,

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