The demand for milk is represented by: P= -0.5Qd + 9.3 The supply of milk is represented by: P = 1.2Qs + 4.2 Quantities are in millions of gallons per week. Now suppose that the government levies a...

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Extracted text: The demand for milk is represented by: P= -0.5Qd + 9.3 The supply of milk is represented by: P = 1.2Qs + 4.2 Quantities are in millions of gallons per week. Now suppose that the government levies a $0.44 excise tax per gallon on the sellers. Calculate the part of the tax bome by the consumers in this market and enter using 2 decimal places.