A market is represented by the following functions: Demand function: Qa = 460 - 20P Supply function: Qs = -60 + 60P (Round your answers to 2 decimal places) Calculate P*, $ Calculate Q* Assume the government imposes an excise tax of $1. The supply function with tax will be: Qs = (Hint: Start by writing the original supply function in the following form: P = b + aQ and then add the tax ) Because of the tax, buyers will now pay $ for each unit. Because of the tax, the producers will only receive $ for each unit sold, because the government gets $ on each unit sold