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Questinl I You have been recently employed as a consultant for a company that produces laptops in Ghana. Suppose the research department of the company

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Questinl I You have been recently employed as a consultant for a company that produces laptops in Ghana. Suppose the research department of the company have estimated the demand and supply curves of laptops and they are: 2Q+.5P24= and 4Q,2P+E=D You are to use this information to Determine the equilibrium level of prices and quantity demand. Represent your answer graphically and determine the welfare of economic agents. c. Suppose the government imposes a tart of '94 on every laptop sold, determine the new equilibrium price and quantity. d. Represent the new supply curve, old supply curve and the demand curve on a graph showing all equilibria. e. Show how the economic agents share the tax. f. 1What is the amount of government tax revenue? Question 1 The demand and supply functions for two interdependent commodities are given by: 01 = 205 2.5!\"; P: {H = 1.5P1 31'} g = 1415 D.5F1 - 1.5.!"2 ; = F2 ll F" Detemu'ne the equilibrium price and quantity for this two-conunodity model

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