price to consumer quantity demanded quantity supplied (before tax) quantity supplied (after tax)

8. 120 60 ?

9. 105 75 ?

10 90 90 ?

11 75 105 ?

12 60 120 ?

13 45 135 ?

a)Fill in the Quantity Supplied (after tax) column assuming that a $2 per unit excise tax is imposed on the supplier.

b)What is the equilibrium price and quantity before the tax?

Equilibrium Price = $

10

Equilibrium Quantity =

90

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