Question: . GRAPH Tax Burden Off SETTINGS ($) Price 90 $90.00 22 80 70 60 Tax imposed on: Supply Demand Excise Tax (0-$20) 0.00 Reset

. GRAPH Tax Burden Off SETTINGS ($) Price 90 $90.00 22 8070 60 Tax imposed on: Supply Demand Excise Tax (0-$20) 0.00 Reset

. GRAPH Tax Burden Off SETTINGS ($) Price 90 $90.00 22 80 70 60 Tax imposed on: Supply Demand Excise Tax (0-$20) 0.00 Reset Demand i Perfectly Inelastic Relatively Elastic Relatively Elastic 50 S $50.00 40 30 20 Supply 888 10 Less Elastic Perfectly Elastic Perfectly Elastic CALCULATIONS 0 1.0. 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 Quantity Price Paid Quantity (thousands per week). No Tax $50.00 4,000 With Tax $50.00 4,000

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