You are hired to help the city maintain a balanced budget. Good luck! On your first day on the job, the following two markets are pinned to the board: (Hoagies) Q=50-2 P Q=10+2 P (Smoothies) Q = 75-5 P Q = 10 P a. Find the equilibrium quantity and price of smoothies in the market. Quantity = Price = b. Find the equilibrium quantity and price of hoagies in the market. Quantity Price = c. The city decides to introduce a $3 unit subsidy into the market for smoothies. Find the new quantity of smoothies in the market and the total cost to Princeton. Quantity of Smoothies Total Cost of Subsidies = d. Including this new subsidy, the government's newest budget includes $200 higher spending than the previous budget. Your boss asks you if a unit tax of $10 on hoagies will successfully raise $200 and tells you to show your work. Price paid after $10 tax = Price received after $10 tax = Quantity of Hoagies after $10 tax = e. (Ignore all previous taxes and subsidies.) Impressed by your work, your boss gives you a challenge. "I want to tax one of these and subsidize the other one so that people end up buying the same number of both. And you know I hate fractions!" Figure out a way to fulfill this request! (Only use whole numbers; your boss will be significantly less impressed if you try to choose 0 for the tax or the subsidy.) Tax of on Subsidy of on