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Chrome File Edit View History Bookmarks People Tab Window Help O $ 75% Sun 11:02 PM Q Lab 4 (Question 6) ~ Lyryx Learning Inc laecon1.lyryx.com/student-servlets/LabServlet?ccid=3767 The supply of gazebos is given by P = 4 + 0.6Q; demand is given by P = 13. A specific tax of $6 per unit is subsequently imposed and that shifts the supply curve to P = 10 + 0.6Q. a) Solve for the equilibrium price and quantity before and after the tax. Equilibrium price before tax = $ 0 Equilibrium quantity before tax = 0 Equilibrium price after tax = $ 0 Equilibrium quantity after tax = 0 b) Draw the demand curve and two supply curves. Demand 27- 24 18 Price 15 12 3 12 5 18 21 24 27 Reset Quantity c) Who bears the burden of the tax? 11