Suppose the weekly demand for a certain good in thousands of units, is given by the equationP= 31 - 2Q, and the weekly supply curve of the good by the equationP= 10 +Qwhere P is the price in dollars. Finally, suppose a per-unit tax of $3, to be collected from sellers is imposed in this market. Complete the following questions.

Note:If necessary round your answers to two decimal places.

a)Graph the weekly demand, supply (pre-tax), and supply (post-tax) equations.

b)What is the equilibrium price before the tax?

c)What is the Consumer and Producer Surplus before the tax?

d)What is the new Consumer and Producer surplus after the tax is imposed?

Note:Remember that the quantity of units on the graph are in thousands.

e)How much government revenue will this tax generate a week?

Note:Remember that the quantity of units on the graph are in thousands.