Suppose the wely demand for a certain good in thousands of un, given by the equation P35 and the wory supply curve of the good by the equation P14-20 where the price in dollars. Finally, suppose a porunst tax of 5 2. to be collected from sollen is imposed in this market Complete the following qotion Note: if necessary round your answers to two decimal places * Graph the weekly demand, copy coreta), and supply out to equations Supply Curve 36 32 28 24 Price is 20 16 12 8 4 10 Reset 0 10 12 14 10 Quantity thousands of units/week) b) What the equitum price before me tax? Equilibrium Price 39 c) What is the Consumer and Producer Surplus before the ? Note: Remember that the quantity of us on the graph are in thousands Endless b) What is the equilibrium price before the tax? Equilibrium Price $0 c) What is the Consumer und Producer Surplus before the tax? Note: Remember that the quantity of units on the graph are in thousands Producer Surplus = 50 Consumer Surplus $0 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 Producer Surplus = $0 Consumer Surplus SD e) How much government revenue will this tax generate a week? Note: Remember that the quantity of units on the graph are in thousands Government Revenue 50 per week SUBMIT AND MARK Official Time: 0:48:08