Numeric Problem 2 The market for a particular video game title is shown below in demand and supply schedules. Video Game Market (Quantities are in 1000s) Price Quantity Quantity Demanded Supplied $0 100 0 $5 95 S $10 90 10 $15 85 15 $20 80 20 $25 75 25 $30 70 30 $35 55 35 $40 60 40 $45 55 45 $50 50 50 $55 45 55 $60 40 60 $65 35 65 $70 30 70 $75 25 75 $80 20 80 $85 15 85 $90 10 90 $95 5 95 $100 0 100 Qs = P. The equation for the demand curve is QD = 100 - P and the equation for the supply curve is Initially, assume there is no government interference in the market. Find the following: 1. The equilibrium price 2. The equilibrium quantity 3. Consumer Surplus 4. Producer Surplus 5. Total SurplusNow assume the government imposes a tax of $20 per video game on consumers. Find the following: 6. The price paid by the buyers 7. The price rms receive 8. The new equilibrium quantity 9. The change in consumer surplus (Use a negative sign to indicate a decline) 10. The change in producer surplus (Use a negative sign to indicate a decline) 11. The tax revenue to the government 12. The deadweight loss. Report the dead weight loss as a positive number