Government imposed taxesfenuse reductions in the activity that is being taxed, which has important implications for revenue collgcbops. To understand the effect of such a tax, consider the monthly market for cigarettes, With no tax, the equilibrium quantity is 100 packs. The following table shows the equilibrium quantity produced and sold in the market for various per unit taxes. Quantity (Dollars per pack) (Packs) 100 60 12 20 20 Suppose the government imposes a $4-per-pack tax on suppliers. At this tar amount, the equilibrium quantity of cigarettes is packs, and the government collects $ in tax revenue Now calculate the government's tax revenue if it sets a mix of $0, $1, $8, $10, $12, $10, or $20 per pack. Using the data you generate, plot a Laffer curve by using the green powits ( triangle symbol) to plat total tax revenue at each of those tax levels Note: Plot your points in the order in which you would like them connected, Line segments will connect the points automatically.niceyes Web.. ols 20 15 Laffer Curve TAX RATE (Dollarsper pack) 160 240 320 400 480 560 610 720 090 TAX REVENUE (Dollars) Suppose the government is currently Imposing a $12-per pack tax on cigarettes, True or False: The government can raise its tax revenue by increasing the per unit tax on cigarettes. True O False