1. Understanding the implications of taxes on welfare The following graph represents the demand and supply for pinckneys (an imaginary product). The black point (plus symbol) indicates the pre-tax equilibrium. Suppose the government has just decided to impose a tax on this market; the grey points (star symbol) indicate the after-tax scenario. Demand Supply A 30.00 PRICE (Dollars per pinckney) 22.50 15.00 13.5 QUANTITY (Pinckneys)Complete the foo wing table, given the innnnation presented on the graph. Result Value Equilibrium quantity before tax i Per-unit tax Prioe producers receive before tax In the following table, indicate which areas on the previous graph correspond to each concept. Greek a}! Mat apply. Concept A B C D E F Consumersurplus alter the tax is imposed l I l I l I [ I [ | l I Tax revenue aer the tax is imposed l I l I I I l I l I l I Producer surplus before the tax is imposed l I I I I I l I l I l |