Questions 17 through 22 are related DO NOT ANSWER 17 22 I ONLY NEED THE ANSWERS FOR 23 30 17 The Demand Curve for a package of tofu based vegetarian hamburgers is given by the equation Q D 18 8 2 75 P with quantity measured in billions of packages per year and price measured in dollars per package The Supply Curve is estimated by the equation Q S 1 9 3 4 P What is the equilibrium price of a package Answer 9 54 18 With the information in question 17, what is the equilibrium quantity of packages Answer 3 37 19 Using the information in questions 17 and 18, at the equilibrium price and quantity, what is the amount consumers spend on the product and the industry's revenue Answer 32 12 20 Using the information in question 17 and 18, at the equilibrium price and quantity, what is the Consumers' Surplus Answer 16 56 21 Using the information in question 17 and 18, at the equilibrium price and quantity, what is Producers' Surplus Answer 13 42 22 Assume that a $0 30 subsidy is given to Consumers Demanders to encourage healthy diets With the subsidy, what is the quantity demanded and supplied in the market Answer 9 54 to 10 23 After the $0 30 subsidy for Consumers is granted, what is the Price Consumers pay Answer 24 After the $0 30 subsidy for Consumers is granted, what is the Price Producers receive Please round and write the answer to one cent, for example $2 43 or $0 56 Answer 25 After the $0 40 subsidy for Consumers is granted and the market settles into equilibrium, what is the amount consumers spend on the product Please round and write the answer to two decimals, for example $9 53 or $21 31 Do not write Billions after the answer Answer 26 After the $0 40 subsidy for Consumers is granted and the market settles into equilibrium, what are the industry's revenues Please round and write the answer to two decimals, for example $9 53 or $21 31 Do not write Billions after the answer Answer 27 After the $0 40 subsidy for Consumers is granted, what is the Consumers' Surplus Please round and write the answer to two decimals, for example $9 53 or $21 31 Do not write Billions after the answer Answer 28 After the $0 40 subsidy for Consumers is granted, what is the Producers' Surplus Please round and write the answer to two decimals, for example $9 53 or $21 31 Do not write Billions after the answer Answer 29 After the $0 40 subsidy for Consumers is granted, what is the Government Taxpayer Expense Please round and write the answer to two decimals, for example $9 53 or $21 31 Do not write Billions after the answer Answer 30 After the $0 40 subsidy for Consumers is granted, what is the Deadweight or Welfare Loss to the economy Please round and write the answer to two decimals, for example $9 53 or $21 31 Do not write Billions after the answer Answer

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Questions 17 through 22 are related  DO NOT ANSWER 17 22  I ONLY NEED THE ANSWERS FOR 23 30  17 The Demand Curve for a package of tofu based vegetarian hamburgers is given by the equation Q D   18 8   2 75 P with quantity measured in billions of packages per year and price measured in dollars per package The Supply Curve is estimated by the equation Q S    1 9   3 4 P What is the equilibrium price of a package  Answer  9 54 18 With the information in question 17, what is the equilibrium quantity of packages  Answer  3 37 19 Using the information in questions 17 and 18, at the equilibrium price and quantity, what is the amount consumers spend on the product and the industry's revenue  Answer  32 12 20 Using the information in question 17 and 18, at the equilibrium price and quantity, what is the Consumers' Surplus  Answer  16 56 21 Using the information in question 17 and 18, at the equilibrium price and quantity, what is Producers' Surplus  Answer  13 42 22 Assume that a $0 30 subsidy is given to Consumers Demanders to encourage healthy diets With the subsidy, what is the quantity demanded and supplied in the market  Answer  9 54 to 10 23 After the $0 30 subsidy for Consumers is granted, what is the Price Consumers pay  Answer  24 After the $0 30 subsidy for Consumers is granted, what is the Price Producers receive Please round and write the answer to one cent, for example $2 43 or $0 56  Answer  25 After the $0 40 subsidy for Consumers is granted and the market settles into equilibrium, what is the amount consumers spend on the product Please round and write the answer to two decimals, for example $9 53 or $21 31 Do not write  Billions  after the answer  Answer  26 After the $0 40 subsidy for Consumers is granted and the market settles into equilibrium, what are the industry's revenues Please round and write the answer to two decimals, for example $9 53 or $21 31 Do not write  Billions  after the answer  Answer  27 After the $0 40 subsidy for Consumers is granted, what is the Consumers' Surplus Please round and write the answer to two decimals, for example $9 53 or $21 31 Do not write  Billions  after the answer  Answer  28 After the $0 40 subsidy for Consumers is granted, what is the Producers' Surplus Please round and write the answer to two decimals, for example $9 53 or $21 31 Do not write  Billions  after the answer  Answer  29 After the $0 40 subsidy for Consumers is granted, what is the Government Taxpayer Expense Please round and write the answer to two decimals, for example $9 53 or $21 31 Do not write  Billions  after the answer  Answer  30 After the $0 40 subsidy for Consumers is granted, what is the Deadweight or Welfare Loss to the economy  Please round and write the answer to two decimals, for example $9 53 or $21 31 Do not write  Billions  after the answer  Answer

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Questions 17 through 22 are related. DO NOT ANSWER 17-22. I ONLY NEED THE ANSWERS FOR 23-30. 17.The Demand Curve for a package of tofu

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