6. Suppose the equation of an isoquant is Q(K,L)=K0.50.=k. Calculate the MRTSL,K when L=4 and K=4. 7. Say the government imposes a quantity tax t on Q, so that PD = Ps + t (a subsidy can be seen as just as a negative tax). Combining all of the equations now yields D(p * + t) = S(p*) (Tax Equilibrium) where p*s = p*, p*D = p* + t, and Q's = Q*D = S(p*). How this tax affects output relative to a no tax equilibrium