Question: e effect of a $ 4 per - unit tax on consumers on equilibrium price and quantity. How does the impact on equilibrium prices (

e effect of a $4 per-unit tax on consumers on equilibrium price and quantity.
How does the impact on equilibrium prices (paid by consumers and received by producers) and quantity differ between a and b?
Draw the supply and demand curves associated with the table below. (LO5-3)
Price
$0.0050200
0.50100175
1.00150150
1.50200125
2.00250100
What is equilibrium price and quantity?
What is equilibrium price and quantity with a $0.75 per-unit tax levied on suppliers? Demonstrate your answer graphically.
How does your answer to b change if the tax were levied on consumers, not suppliers? Demonstrate your answer graphically.
What conclusion can you draw about the difference between levying a tax on suppliers and consumers?

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