Question below:

Suppose that a monopolist has a cost function given by C(q) = 10 + 2g + 05:92. The (inverse) demand for the product is given by P(q) = 47 q. (a) [4 pts.] What is the original market quantity and price? (b) [4 pts.] The government levies a tax of $9 per unit, to be paid to the government by the monopolist. What is the new market price and quantity? (c) [4 pts.] How much of the tax do the consumers bear? How much does the monopolist bear