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Can you please help me with the following task. Thank you! 3. EXCISE TAX VERSUS LUMP-SUM TAX The government will impose either an excise tax

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Can you please help me with the following task. Thank you!

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3. EXCISE TAX VERSUS LUMP-SUM TAX The government will impose either an excise tax on good X, or a lump-sum tax. Given his preferences, Ned would pay the same amount of tax in either case. Which tax does Ned prefer? Show using indifference curve analysis in the GRAPH. Ned prefers the tax, because

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