Price Quantity Quantity Supplied Quantity Supplied Demanded (before tax) (after tax) $21 255 195 23 235 205 25 215 215 27 195 225 29 175 235 31 155 245 33 135 255 a) What is the present equilibrium price and quantity? Equilibrium price: $ Equilibrium quantity Suppose that the government introduces a $6 excise tax on prawns. b) Complete the Quantity Supplied (after tax) that results. c) What will be the new equilibrium price and quantity? New equilibrium price: $ New equilibrium quantity