Given the supply equation Qs = 4P - 12, how would you adjust this equation if a \$2 tax is imposed on suppliers?

What is the formula used to adjust the supply equation when a tax is imposed on suppliers?

If the demand equation is Qd = 20 - 3P and a \$1 tax is imposed on consumers, how would you adjust this equation?

If the original supply equation is Qs = 5P - 15 and a \$3 tax is imposed on suppliers, derive the new supply equation.

If the equilibrium price is \$8 and a \$2 tax is imposed on suppliers, what price do suppliers receive and what price do consumers pay?

If the original supply equation is Qs = 6P - 18 and a \$4 tax is imposed on suppliers, derive the new supply equation.

Given the modified supply equation Qs = 3P - 5 and demand equation Qd = 15 - 2P, what is the equilibrium price and quantity?

What is the definition of market equilibrium in the context of supply and demand?

What happens to the demand curve when a tax is imposed on consumers?