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1. Supply and Demand: a. If you were self interested politician who want to tax consumers more than sellers (because you receive hefty donations from

1. Supply and Demand: a. If you were self interested politician who want to tax consumers more than sellers (because you receive hefty donations from the latter) on which of the following two goods would you levy a sales tax: bread vs rental rooms. Why? b. Suppose the supply of and demand for eggs is given by = 2 + 3 and = 10 . What is the proportion of the burden of tax on sellers of $2 per unit tax imposed on buyers?

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