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Assume that the Australian market for hand sanitiser (measured in megalitres) can be represented using a...

Assume that the Australian market for hand sanitiser (measured in megalitres) can be represented using a demand and supply diagram and that there are no externalities.
D) Suppose that the Australian government imposes a per-unit tax on sellers of hand sanitiser equal to $20 per megalitre. Use the supply and demand curves from part (a) above to answer the following questions:
(i) What is the equation for the new supply curve after the tax is imposed?
(ii)Calculatethesizeofthedeadweightlossafterthetaxisimposed.
(iii) Calculate the consumer’s burden of the tax.
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