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10. 11. 12. 13. 14. To discourage the proliferation of weapons and reduce violence, assume a 20% tax is imposed on Producers/Suppliers. With the tax,

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10. 11. 12. 13. 14. To discourage the proliferation of weapons and reduce violence, assume a 20% tax is imposed on Producers/Suppliers. With the tax, write the quantity demanded in the market below and onto the spreadsheet. Round and write the answer to two decimals, for example 13.53 or 17.65 and use a minus sign if it is negative. Answer: million. To discourage the proliferation of weapons and reduce violence, assume a 20% tax is imposed on Producers/Suppliers. With the tax, write the quantity supplied in the market below and onto the spreadsheet. Round and write the answer to two decimals, for example 13.53 or 17.65 and use a minus sign if it is negative. Answer: million. After the 20% tax on Producers is imposed. write the Price Consumers pay below and enter onto the spreadsheet. Round and write the answer in millions to two decimals, for example $9.53 or $21.31 and use a minus sign if it is negative. Answer: After the 20% tax on Producers is imposed, write the Price Producers receive below and enter onto the spreadsheet. Round and write the answer in millions to two decimals, for example $9.53 or $21.31 and use a minus sign if it is negative and the Price Producers receive will be, respectively: Answer: After the 20% tax on Producers is imposed and the market settles into equilibrium, write the amount consumers spend in billions on the product below and enter onto the spreadsheet. Round and write the answer in billions to two decimals, for example $9.53 or $21.31 and use a minus sign if it is negative. Answer: million After the 20% tax on Producers is imposed and the market settles into equilibriu m, the amount of the industry's revenue in billions and enter onto the spreadsheet. Round and write the answer in billions to two decimals, for example $9.53 or $21.31 and use a minus sign if it is negative. Answer: million After the 20% tax on Producers is imposed, write the Consumers' Surplus in millions and enter onto the spreadsheet. Round and write the answer in billions to two decimals, for example $9.53 or $21.31 and use a minus sign if it is negative. Answer: million

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