The demand and supply curves for a product are given in terms of price, , by and (a) Find the equilibrium price and quantity. The equilibrium price is Enter your answer; The equilibrium price is $ 70 and the equilibrium quantity is Enter your answer; the equilibrium quantity is _ units 300 units. (b) A specific tax of per unit is imposed on suppliers. Find the new equilibrium price and quantity. The new equilibrium price (including tax) is Enter your answer; The new equilibrium price (including tax) is $ and the new equilibrium quantity is Enter your answer; the new equilibrium quantity is _ units units. (c) How much of the tax is paid by consumers and how much by producers? The tax paid by the consumer is Enter your answer; The tax paid by the consumer is $ , and the tax paid by the producer is Enter your answer; the tax paid by the producer is $ _ of the tax of the tax. (d) What is the total tax revenue received by the government? The total tax revenue received by the government is Enter your answer in accordance to the item d) of the question statement