voucher value is $3000

The price is $6000

Quantity is 15,000

A) Now note that the supply of education is not likely to be fixed in the long run. Given time, schools can add classrooms and teachers. Suppose that the long-run market supply curve is given by Qs = 13 + P/3 Compute the market equilibrium price and quantity in the third year after the voucher proposal passes, as well as the new level of consumer surplus and government expenditure

b)Suppose instead that the long-run education supply curve is given by Qs = 7 + 2P. Compute the third-year-after market equilibrium price, consumer surplus and government expenditure. How and why are your answers different here compared to your answers in (e)? If the state governments goal is to use the voucher program to increase consumer surplus in the market for private education, what market conditions those in part (e) or those in part (f) are likely to make the program a success? Why?