Question 1 (20%) Suppose the current equilibrium price of a quarter-pound hamburger is $5, and 10 million quarter-pound hamburgers are sold per month. After the government imposes a tax of $0. 70 per hamburger, the equilibrium price of hamburgers rises to $5.20, and the equilibrium quantity falls to 9 million. a) Illustrate this situation with a demand and supply graph, on the group, please show the changes to economic efciency due to tax. b) What is the equilibrium price before and after the tax, the equilibrium quantity before and after the tax, tax revenue collected by the government, and deadweight loss