Question: (Enter using 2 decimal places) The demand for milk is represented by: P = -0.5Qd + 9 The supply of milk is represented by: P

(Enter using 2 decimal places)

The demand for milk is represented by: P = -0.5Qd + 9 The supply of milk is represented by: P = 1.2Qs + 3.8 Quantities are in millions of gallons per week. Now suppose that the government levies a $ 0.44 excise tax per gallon on the sellers. Calculate the part of the tax borne by the consumers in this market

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