Consider the demand and supply curves D = 150 - (1/2)P and S = 20 + 2P, where the price P is measured in dollars. You can use calculators and phones. Find the equilibrium price P*. * Write just one number! Your answer 1 point Find the equilibrium price Q*. * 1 point Write just one number! Compute the total revenue obtained by the producer. * 1 point Write just one number! Your answer Suppose a tax of $2 per unit is imposed on the producer's output. How will this influence the equilibrium price? Find the new equilibrium price P*. Write just one number (one decimal place)! Your answer Suppose a tax of $2 per unit is imposed on the producer's output. How will this influence the equilibrium price? Find the new equilibrium price Q*. Write just one number (one decimal place)! Your answer * 1 point * 1 point