a. Suppose there is a $1.50 per unit tax levied on sellers. Draw the after-tax supply curve. [Note: The supply curve will decrease and shift up by $1.50. Also imagine a tax wedge of $1.50 inserted between buyers and sellers and use it to answer part {b} - the software used for this problem does not allow for drawing the wedge] Instructions: Use the tool provided {52] to draw the aer-tax supply curve. Be sure your endpoints are at Q = 0 and Q = 100. / 52 Price\") 5.01: OLD 5.51: (35 5.01: __ 00 \"-5\" P5 4.1]: 3.511 o;o am DWL 2'50 O D 0 Cl 2.01: Tax 1.5a Revenue LDCI -0 use After-tax PC not: ____0 u 10 2:] an 40 so an m an 991011110121: g After-tax ouamrty (millions) PS w m b. Plot the after-tax price paid by consumers and the after-tax price paid by sellers. Instructions: Use the tools provided to draw the after-tax price paid by consumers (After-tax Pc) and the after-tax price paid by sellers (After-tax PS)- c. Draw consumer surplus, producer surplus, tax revenue, and deadweight loss after the tax. Instructions: Use the tools provided to draw consumer surplus (CS), producer surplus (PS), tax revenue (Tax Revenue), and deadweight loss (DWL). d. Deadweight loss is $ 23 : million e. Total surplus is $ 60 : million