A city is thinking of raising its tax on chewing gum, which is currently at $.08 per pack, to $.35 per pack. Suppose too that the price of a pack of gum (without the tax) is currently $1.00, and at the current price + tax (which equals $1.08), 8,000 packs of gum are sold in the city each day. (The price with the new tax will be $1.35). An economist estimates that the price elasticity of demand for gum in the city is .90. Given this information, ____ ________ packs of gum will be sold in the city once the new tax is in place, and the city can expect to collect __ ________ dollars of revenue each day from the new tax? REMARK: The city does not SELL gum. It taxes it. Therefore tax revenue is not the Price x Quantity. Spend some time to think about it. Record your answers without a dollar sign and without commas