Question: Problem 2: This question builds on the Exercise 19.1 related to tacos. Given the following Information (which is identical to the scenario in the exercise),

Problem 2: This question builds on the Exercise 19.1 related to tacos. Given the following Information (which is identical to the scenario in the exercise), Demand: Q - 8 - P Supply: Q - 3P (8) Graphically show the pretax prices and quentitles. Fully label the graph and drew all relever (b) Now suppose that the government Implements a $1 tex on the buyers of tacos. Drew the n the post tax quantity, price buyers pay and price sellers receive, and the consumer and produc burden. Be sure to show your work. (c) Describe the differences between when the tax was placed on the sellers (In the exercise In the tax was placed on the buyers (In this question]
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