An island nation of San Francisco that grows coconuts consists of two islands: Marina and Nob Hill. Each island produces 100 pounds of coconuts. Let's assume that the supply curves of coconuts are perfectly inelastic in both islands. The demand curve in each island is Q = 200-20P, where P is the price of coconut that consumers pay. 1. What is the equilibrium price and quantity of coconuts in San Francisco? What is the price elasticity of demand at the equilibrium level? 2. Suppose there is $1 tax imposed on each pound of coconut sold in San Francisco. What would be the price that coconut growers receive? What is the price that Do buyers pay? 3. A tsunami hits the island of Marina and destroys the whole crop of coconuts. What is the equilibrium price and quantity of coconuts in San Francisco after the tsunami? 4. Due to the hardship brought on residents of Marina by the tsunami, San Francisco decides to remove the $1 tax in Marina. What is the equilibrium price in San Francisco, now? What is the tax amount that San Francisco collects?