Consider the market below. a. Suppose there is a $15 per unit tax levied on sellers. Draw the after-tax supply curve. Instructions: Use the tool provided (S2) to draw the after-tax supply curve. Be sure your endpoints are at Q = 0 and Q = 180. 35 25 。ជាគឺ៣ ៩ ៦ ៦៦ ន៣៦ Price ($) 70 65 Tools 60 55 After-tax P 50 45 -9 40 buyers After-tax P 30 D sellers 20 15 10 5 0 20 40 60 80 100 120 140 160 180 200 Quantity b. Plot the after-tax price paid by consumers and the after-tax price received by sellers. Instructions: Use the tools provided to draw the after-tax price received by consumers (After-tax Pc) and the after-tax price received by sellers (After-tax Ps)- c. The total tax revenue collected from this market is $
Consider the market below. a. Suppose there is a $15 per unit tax levied on sellers. Draw the after-tax supply curve. Instructions: Use the tool provided (S2) to draw the after-tax supply curve. Be sure your endpoints are at Q = 0 and Q = 180. 35 25 。ជាគឺ៣ ៩ ៦ ៦៦ ន៣៦ Price ($) 70 65 Tools 60 55 After-tax P 50 45 -9 40 buyers After-tax P 30 D sellers 20 15 10 5 0 20 40 60 80 100 120 140 160 180 200 Quantity b. Plot the after-tax price paid by consumers and the after-tax price received by sellers. Instructions: Use the tools provided to draw the after-tax price received by consumers (After-tax Pc) and the after-tax price received by sellers (After-tax Ps)- c. The total tax revenue collected from this market is $
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working

Transcribed Image Text:Consider the market below.
a. Suppose there is a $15 per unit tax levied on sellers. Draw the after-tax supply curve.
Instructions: Use the tool provided (S2) to draw the after-tax supply curve. Be sure your endpoints are at Q = 0 and Q = 180.
35
25
。ជាគឺ៣ ៩ ៦ ៦៦ ន៣៦
Price ($)
70
65
Tools
60
55
After-tax P
50
45
-9
40
buyers
After-tax P
30
D
sellers
20
15
10
5
0
20 40 60 80 100 120 140 160 180 200
Quantity
b. Plot the after-tax price paid by consumers and the after-tax price received by sellers.
Instructions: Use the tools provided to draw the after-tax price received by consumers (After-tax Pc) and the after-tax price received
by sellers (After-tax Ps)-
c. The total tax revenue collected from this market is $
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