QUESTION BONUS: Demand for babysitting services in New York is given by the following inverse demand function: Pd(q) = 30 1/10q while the supply of babysitting services is given by the following inverse supply function: P501) = 2/10 * q where q denotes the number of babysitting services demanded or supplied. 1. What is the equilibrium price and quantity of babysitting servicess in New York? How high are consumer and producer surplus 2. The City of New York aims to increase government revenue by implementing a tax on producers of $3 for every babysitting session. What will be the result of this new tax on the equilibrium price that consumers pay, the price producers receive, and the number of babysitting that will occur? 3. How much tax revenue will be generated as a result of this tax? What are consumer and producer surplus after the tax is implemented? 4. How much dead weight loss does the tax generate