Question: Complete the table below by lling in ALL missing numbers. If youranswer is a decimal rather than a whole number. round your answer to the

 Complete the table below by lling in ALL missing numbers. If

Complete the table below by lling in ALL missing numbers. If youranswer is a decimal rather than a whole number. round your answer to the nearest 1 decimal place (the nearest tenth]. Aiso, do not enter leading zeroes. For example, if the answer to a eld is US, enter .1 Do not enter.125 or 0.13 or 0.1 Do not include commas in numerical answers. Consider the ctitious good Derp.The demand for Derp is Q = 1200 - 2P. Suppose the supply of Derp is given by Q = -600 +2P. What is the equilibrium price of Derp?| ' What is the equilibrium quantity of Derp? What is the price elasticity of demand at the equilibrium price and quantity? What is the price elasticity of supply at the equilibrium price and quanty?| | For the next seven questions, suppose a per-unit excise tax of $50 per Derp is levied on the consumers. What price will consumers pay after the tax is levied? | | What price will sellers receive after the tax is levied? What percent of the tax will be paid by the consumers of Derp? |Cgive an answer between 0 and 100) What percent of the tax will be paid by the suppliers of Derp?' | [give an answer between 0 and 100] How many Derps will be sold after the tax is imposed? How much consumer surplus do consumers get after the tax? What is the deadweight loss created by this tax? ' |

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