Hot Dogs Price Mix (S per gallon) Price Hot Dog (5) 10 15 30 25 50 25 40 5 50 56 60 85 70 5 10 15 20 25 50 36 40 45 50 56 60 a. What is the equilibrium quantity of hot dogs? b. What is the equilibrium price of hot dogs? c. What is the total consumer surplus for hot dogs? d. What is the total producer surplus hot dogs? Now assume that the state government imposes an excise tax of $3 per hot dog e. What is the new price paid by customers for each hot dog? f. How what is the new quantity of hot dogs? g. What is the new consumer surplus of hot dogs? h. What is the new producer surplus of hot dogs? i. How much tax revenue will the government collect? j. What is the Dead Weight Loss? k. How much of the $3.00 excise tax is actually paid by consumers? 1. Which is MORE price elastic with regard to hot dogs. supply or demand? m. What is the equilibrium quantity of milk? n. What is the equilibrium price of milk? o. What is the total consumer surplus of milk? p. What is the total producer surplus of milk? Now assume that the state government imposes an excise tax of $3 per gallon of milk q. What is the new price paid by customers for each gallon of milk? T. How what is the new quantity of milk? s. What is the new consumer surplus of milk? t. What is the new producer surplus of milk? u. How much tax revenue will the government collect? v. What is the Dead Weight Loss? w. How much of the $3.00 excise tax is actually paid by consumers. x. Which is MORE price clastic with regard to milk, supply or demand