Ly Lab 5 (Question 5) ~ Lyryx Learning Inc - Google Chrome laecon1.lyryx.com/student-servlets/LabServlet?ccid=3692 dvan lyryx orning Print Preferences Help Lab 5 (Question 5) Name: Hang Ma Date: 2020-06-14 Question 5 [12 points] The data in the following table is for the latest Book by Jane Millworth. a) Fill in the Quantity Supplied (after tax) column assuming that a $2 per unit excise tax is imposed on the supplier. Price to Quantity Quantity Quantity Consumers Demanded Supplied Supplied (after (before tax) tax) 120 90 0 105 105 0 10 90 120 11 75 135 0 12 60 150 0 13 45 165 b) What is the equilibrium price and quantity before the tax? Equilibrium Price = $0 Equilibrium Quantity = 0 c) What is the equilibrium price and quantity after the $2 tax is imposed? Equilibrium Price (after tax) = $0 Equilibrium Quantity (after tax) = 0 d) What portion of the $2 tax is paid by the seller and what portion is paid by the consumer? Seller = $0 Consumer = $0 Official Time: 20:18:10 SUBMIT AND MARK SAVE AND CLOSE https://laecon1.lyryx.com/student-servlets/LabServlet?ccid=3692# 9 6 8 0 ~ $1) A PENG 8:18 PM 2020-06-14