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 Dollars per pinckney) 11.00 9.00Demand Supply A 11.00 B PRICE (Dollars per pinckney) 9.00- D 7.00 F QUANTITY (Pinckneys)Complete the following table, given the information presented on the graph. Result Value Price producers receive after tax Equilibrium quantity before tax Per-unit tax In the following table, indicate which areas on the previous graph correspond to each concept. Check all that apply. Concept A B C D E F Producer surplus before the tax is imposed Tax revenue after the tax is imposed Consumer surplus after the tax is imposed O