QQdd(pp) = 18 pp and QQss(pp) = 2pp 3

A) Solve for the competitive equilibrium price (ppcc) and quantity (QQcc). Clearly circle your answers. (5 points)

B) Suppose the government imposes a per-unit tax () on each unit of the good produced. If the new equilibrium quantity with the tax is QQ = 3, what must equal? (4 points)

Assume the aggregate demand and supply for a good are given by the following expressions: Q (p) = 18 -p and Q*(p) = 2p -3 A) Solve for the competitive equilibrium price (p") and quantity (Q"). Clearly circle your answers. (5 points) B) Suppose the government imposes a per-unit tax (r) on each unit of the good produced. If the new equilibrium quantity with the tax is Q = 3, what must z equal? (4 points)