This is question

As a member of Wisconsin Department of Agriculture, Trade and Consumer Protection, you also advise the governor on the beer market in the state. The governor would like to know what are the equilibrium price and quantity of beer given demand is P = -(1/50)Qd + 7 and supply is P = (1/100)Qs +1. The price is in dollars and quantity is in millions of bottles of beer. Answer: equilibrium quantity is [ Select ] equilibrium price is [ Select ] b. The governor decided to place a tax of $2.4 per bottle beer in order to reduce consumption of alcohol in the state. Brewers of beer are required to pay this tax from their revenues. Based on this information, what is the appropriate supply and demand curve in the market: Answer: Demand Curve: [ Select ] Supply Curve: [ Select ] c. What is the new equilibrium price and quantity after the tax is imposed? Answer: New equilibrium price: [ Select ] New equilibrium quantity: [ Select ]