Use the following equations to answer the question below: Pd = 800 - 2Q and Ps = 200 + Q (a) Find the Equilibrium Price and Quantity. (b) Now, suppose a quantity tax of $150 is imposed on sellers find the price paid by demanders, price received by suppliers and the equilibrium quantity.

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A: inverse demand function p = 6 - 0.5qinverse supply function p = q

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