The demand and supply of coffee are shown here, with an equilibrium price of $4 per...

  

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The demand and supply of coffee are shown here, with an equilibrium price of $4 per pound and an equilibrium quantity of 4,000 pounds per week. Suppose the government imposes a $3 tax per pound of coffee, collected from the seller. Draw a new curve (demand or supply), accurately positioned, that reflects the impact of this tax using the segment tool. Then place a point at the new equilibrium using the point tool. Segment Price, S/pound 10+ Point Undo Redo x Reset Price, $/pound 9 5 4 3 24 0 2 3 en 9 Quantity of coffee per week, in thousands of pounds 8 6 10 The demand and supply of coffee are shown here, with an equilibrium price of $4 per pound and an equilibrium quantity of 4,000 pounds per week. Suppose the government imposes a $3 tax per pound of coffee, collected from the seller. Draw a new curve (demand or supply), accurately positioned, that reflects the impact of this tax using the segment tool. Then place a point at the new equilibrium using the point tool. Segment Price, S/pound 10+ Point Undo Redo x Reset Price, $/pound 9 5 4 3 24 0 2 3 en 9 Quantity of coffee per week, in thousands of pounds 8 6 10