15. Scenario 3-3 Suppose the market demand and market supply curves are given by the equations: QD-ZUU-P 95-39 a) b) d) Refer to Scenario 8-3. What are the equilibrium price and equilibrium quantity in this market? Refer to Scenario 8-3. Suppose that a tax of Tis placed on buyers so that the demand curve becomes: Q\" - 2m] (P+ T) What price will sellers receive and what price will buyers pay after the taxis imposed? Refer to Scenario 8-3. Suppose that a tax of Tie placed on buyers so that the demand curve becomes: 9\" - 2cm (P+ I) What quantity will be bought and sold after 1he tax is imposed? Refer to Scenario 8-3. Suppose that a tax of Tis placed on buyers so that the demand curve becomes: 9\" - 2m: - (9+ 1') How much tax revenue will be collected aer this tax is imposed? Refer to Scenario 8-3. Suppose that a tax of Tis placed 0:1 buyers so that the demand curve becomes: Q\"-2i]i](P+I'J Economic for Global Business Problem set 2 Yunkyung Lee What will be the deadweight loss from this tax? f) Refer to Scenario 8-3. Suppose that a tax of T is placed on buyers so that the demand curve becomes: 2" = 200 - (P + 7) If T = 40, what price will buyers pay and what price will sellers receive? g) Refer to Scenario 8-3. Suppose that a tax of T is placed on buyers so that the demand curve becomes: 2" = 200 - (P+ 7) If T = 40, how many units will be bought and sold after the tax is imposed? h) Refer to Scenario 8-3. Suppose that a tax of T is placed on buyers so that the demand curve becomes: Q" = 200 - (P + 1) If T = 40, how much tax revenue will be collected from this tax? Refer to Scenario 8-3. Suppose that a tax of T'is placed on buyers so that the demand curve becomes: 2" = 200 - (P+ ?) If T = 40, how much is the burden of the tax on the buyers and on the sellers? j) Refer to Scenario 8-3. Suppose that a tax of T is placed on buyers so that the demand curve becomes: 2" = 200 - (P + 1) If T = 40, how much will be the deadweight loss from this tax? 7