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b) 50C! 1000 1500 Figure above shows the demand and supply.r curves in the market for milk. lCurrently the market is in equilibrium. If the

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b) 50C! 1000 1500 Figure above shows the demand and supply.r curves in the market for milk. lCurrently the market is in equilibrium. If the government imposes a $2 per gallon tax to be collected from sellers, estimate the change in p, Q, and social welfare. (2 marks) If the government establishes a $2 per gallon price ceiling to ensure that children are nourished, estimate the change in p, Q, and social welfare (2 marks)

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