3. Assume that there is a $14 tax imposed on the consumer, find the new equilibrium price and quantity, Find the portion of the tax paid by the producer and the portion of the tax paid by the consumer, and Consumer Producer Find the tax revenue generated for the government. Total Tax 4. Which scenario is best for the government and why? y me + b R(q) - Price Quantity m - - - y - y = m(x-x) C(q) - Fixed Cost+Variable cost. Quantity (q) = R(q)-C(q) 1. A photocopying company has two different prices, P(e) lists. The first price list for company A is S24 plus 11 cents per copy and the second price for company B is 546 and 6 cents per copy. Window: x: -10 to 600, y: -10 to 100 a. Find the cost equation for company A. A: P(c) = 24+.ollc PCC) -29+ 0.11 B: P(c) = 461.06 b. Find the cost equation for company B. P(C) = 46+0.obc c. Determine which company is better when Company A ezyuo Show work. uuto.obe = 24+0.12 o.lle-006=46-24 Company B (7440 0.ose = 22 c=22 2os = 440 The demand and supply curve equations for a product are given in terms of price, p. 9 = 48000 - 100p 4 = 200p - 6000 2. Find the equilibrium price and quantity (without tax). p . There is a 15% tax imposed on the producer, find the new equilibrium price and quantity. . How much of the tax is paid by the consumer? How much is paid by the producer? Consumer Producer Find the total tax revenue generated for the government. Total Tax 3. Assume that there is a $14 tax imposed on the consumer, find the new equilibrium price and quantity, P Find the portion of the tax paid by the producer and the portion of the tax paid by the consumer, and Consumer Producer Find the tax revenue generated for the government. Total Tax 4. Which scenario is best for the government and why