The demand for gasoline is P $=80\mathrm{.}002$Q and the supply is P $=0\mathrm{.}8+0\mathrm{.}004$Q$,$ where P is in dollars and Q is in gallons.$$

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Instructions: Round your answer to the nearest penny $(2$ decimal places$).$

If a tax of $$0\mathrm{.}9/$gallon is placed on petrol, what is the incidence of the tax?

Tax incidence to the consumer: $

Tax incidence to the supplier: $

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Instructions: Round your answers to the nearest whole number.

What is the lost consumer surplus?

$

What is the lost producer surplus?

$ $$