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Q1 1 Point Demand and supply are defined by P = 12 - 4Q and P = 2Qs, respectively. In a market equilibrium without government intervention, * is equal to O A. $1. O B. $2. O C. $3. O D. $4. O E. None of the above.Q2 1 Point Demand and supply are defined by P = 12 - 4Q and P = 2Qs, respectively. In a market equilibrium without government intervention, Q* is equal to O A. 1 unit. O B. 2 units. O C. 3 units. O D. 4 units. O E. None of the above.Q3 1 Point Demand and supply are defined by P = 13 - 4Q and P = 2Qs, respectively. Suppose that the government imposes a per-unit sales tax of $1, i.e., t = 1. In a market equilibrium with government intervention, GS** is equal to O A. $1. O B. $2. O C. $3. O D. $4. O E. None of the above.Q4 1 Point Demand and supply are defined by P = 13 - 4Q and P = 2Qs, respectively. Suppose that the government imposes a per-unit sales tax of $1, i.e., t = 1. In a market equilibrium with government intervention, CS** is equal to O A. $8. O B. $6. O C. $4. O D. $2. O E. None of the above.Q5 1 Point Demand and supply are defined by P = 13 - 4Q and P = 2Qs, respectively. Suppose that the government imposes a per-unit sales tax of $1, i.e., t = 1. In a market equilibrium with government intervention, PS** is equal to O A. $8. O B. $6. O C. $4. O D. $2. O E. None of the above.Inverse demand and supply are dened by P = 9 Qd and P = 2623. Suppose that the government imposes a perunit sales tax of 3 dollars, i.e., t = 3. 1. What is the market equilibrium with government intervention, {Q**,P1'5*,P*}? 2. What is the deadweight loss? 3. Are the buyers or the sellers the ones who bear the biggest share of the tax burden? Using a. graph, explain your