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kindly assist Question 16 33 pts Complete the table below by lling in ALL missing numbers. If your answer is a decimal rather than a

kindly assist

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Question 16 33 pts Complete the table below by lling in ALL missing numbers. If your answer is a decimal rather than a whole number, round your answer to the nearest 1 decimal place (the nearest tenth). Also, do not enter leading zeroes. Forexumple, if the answer to a eld is 1/8. enter .1 Do not enter .125 or 0.13 or 0.1 Do not include commas in numerical answers. Considerthe ctitious good Derp. The demand for Derp is Q = 1200 2P. Suppose the supply of Derp is given by Q = 600 +2P. What is the equilibrium price of Derp? l What is the equilibrium quantity of Derp? What is the price elasticity of demand at the equilibrium price and quantity? What is the price elasticity of supply at the equilibrium price and quantity? For the next seven questions, suppose a permit excise tax of $50 per Derp is levied on the consumers. What price will sellers receive after the taxis levied? What price will consumers pay after the tax is levied? What percent of the tax will be paid by the consumers of Derp? (give an answer between 0 and 100) What percent of the tax will be paid by the suppliers of Derp? (give an answer between 0 and 100) l How many Derps will be sold after the tax is imposed?l How much consumer surplus do consumers get after the tax? What is the deadweight loss created by this tax

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