a) Calculate the equilibrium price and quantity if the demand and supply equations for this market are: P = 1000 - 5Q and P = 200 + 3Q and draw a fully labelled diagram to illustrate your answer

D) Suppose that the Australian government imposes a per-unit tax on sellers of hand sanitiser equal to $20 per megalitre. Use the supply and demand curves from part (a) above to answer the following questions: (i) What is the equation for the new supply curve after the tax is imposed? (ii) Calculate the size of the deadweight loss after the tax is imposed. (iii) Calculate the consumer's burden of the tax.