The market for gasoline is represented by the following equations (where Q represents the gallons of gas in 1 million increments) Demand: P = 12-2Q and Supply: P = 2+.5Q a. Solve for the market equilibrium. b. Suppose a new tax is placed on gasoline equal to 50 cents per gallon. How many gallons of gas will be sold? c. What price will buyers pay, and how much will sellers keep? d. How much revenue will the government collect. (Remember your units on Q!) e. What is the buyers' share of the tax? What is the seller's share? f. What do you notice about the division of taxes between the buyer and seller?