Question: Hi, I need help with the following question. Graph 2 Price $8 .00 4.00 3.00 2.00 1 .00 0 50 60 Quantity Refer to Graph

Hi, I need help with the following question.

Graph 2 Price $8 .00 4.00 3.00 2.00 1 .00 0 50 60 Quantity Refer to Graph 2 to answer questions below. (Type your answers in the input box below) a. What is the equilibrium quantity in the market before the tax is imposed? b. What is the equilibrium quantity in the market after the tax is imposed? c. What is the price buyers will pay after the tax is imposed? d. What is the price sellers will receive after the tax is imposed? e. What is the total amount of the tax that buyers would pay? f. What is the total amount of the tax that sellers would pay? 9. Based on your answers above comment on relative price elastic of demand and supply in this market

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