Note: please answer in word typing and graph also in computerize please answer in detail

Problem 1a: What is the effect of a $4 unit tax imposed on the seller? Problem 1b: What is the effect of a $4 unit tax imposed on the buyer? Price Price 20 20 18 18 S S 16 16 14 14 12 12 10 10 00 00 6 VO 4 4 D D 2 2 4 6 8 10 12 14 16 Quantity 2 4 6 8 10 12 14 16 Quantity Use the graph above to answer the questions: Use the graph above to answer the questions: i. Show on the graph what curve would shift as i. Show on the graph what curve would shift as a a result of the tax result of the tax ii. What is the new equilibrium quantity bought ii. What is the new equilibrium quantity bought and and sold? sold? iii. What is the new equilibrium price? iii. What is the new equilibrium price? iv. What is the price paid by the buyers? iv. What is the price paid by the buyers? V. What is the price received by the sellers? v. What is the price received by the sellers? vi. What is the tax received by the government? vi. What is the tax received by the government