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a) Graph the demand and the supply curves. b) What is the current equilibrium quantity? Equilibrium Quantity = 0 units c) Impose a tax of

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a) Graph the demand and the supply curves. b) What is the current equilibrium quantity? Equilibrium Quantity = 0 units c) Impose a tax of $8 per unit on the good so the supply curve is now P = 18. Calculate the new equilibrium quantity, and draw the new supply in the diagram. Quantity with Tax = 0 units d) Calculate the tax revenue generated. Tax Revenue = $0 e) Calculate the deadweight loss. Deadweight Loss = $0 Question 5 [12 points] The data in the following table is for the latest CD by Mark Blackfoot. 3) Fill in the Quantity Supplied (after tax) column assuming that a $2 per unit excise tax is imposed on the supplier

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