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2. = Play > 0 as = a. b. Let the demand and supply functions for a commodity be, др Qd = D(P, YO) where, D/ǝp < 0 ; and Qs = S(P,To) where, Os/ap > 0; and OS /at. < 0 where Yo is income and To is the tax on the commodity. All derivatives are continuous. Write the market equilibrium condition in a single equation! Is implicit-function theorem applicable in this problem? If it is, write the equilibrium condition! Find the impact of an increase in income to the price in equilibrium (@P"/ay,); and the impact of an increase in tax to the price in equilibrium (@P"/at.); interpret your result! Find the impact of an increase in income to the quantity in equilibrium (@Q"/ay,); and the impact of an increase in tax to the quantity in equilibrium (@Q"/ar.); result! Provide graphical analysis to confirm your solutions in part c and d! C. d. interpret your e.