Consider the market for pork illustrated in the graph. Suppose demand (D') is Q = 225 - 25p and initial supply (S') is Q = 70 + 40p and that a $2.30 tax is charged to producers, shifting the supply curve to S. Using the pork demand function and the original and after-tax supply functions, derive the initial equilibrium price and the after-tax equilibrium price. (Enter all responses using real numbers rounded to two decimal places) The equilibrium price is initially $per kg P2 P1 .... Q2 Q1 Q, Million kg of pork per year .... P. $ per kg

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