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Suppose that the demand and supply for floor standing speakers are given by: Demand: Qd=5,000-3P Supply: Qs=-1,000+5P If the government imposes a $400 tax, how

Suppose that the demand and supply for floor standing speakers are given by: Demand: Qd=5,000-3P Supply: Qs=-1,000+5P If the government imposes a $400 tax, how much would the consumers pay and how much would the sellers receive? Group of answer choices Pconsumers=$350; Psellers=$750 Pconsumers=$900; Psellers=$500 Pconsumers=$750; Psellers=$350 Pconsumers=$1000; Psellers=$600

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