Suppose the following formulas describe the weekly supply and demand for ice cream: Of = 300 - SP1 - 4Pp Of = 5P1 - 20. where Q"/ stands for millions of gallons demanded and Q, stands for millions of gallons supplied, P, stands for the price of ice cream per gallon, and Pp stands for the price per ple. Also suppose the following formulas describe the supply and demand for pie Qp = 312 - 8Pp - 6P, Op = 4Pp - 24. Now suppose the government decides to levy an $8 per gallon tax on ice cream. Instructions: Round quantities to the nearest whole number and prices to 2 decimal places, as needed. a. Determine the partial equilibrium effect of this tax on the prices and quantities of pie and ice cream. The partial equilibrium effect on the price of ice cream is an increase of $ b. Determine the general equilibrium effect of this tax on the prices and quantities of pie and ice cream. P/= $ Pp= $ Qp