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Homework (Ch 08) Suppose the government imposes a $20-per-bottle tax on suppliers At this tax amount, the equilibrium quantity of gin is bottles, and the

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Homework (Ch 08) Suppose the government imposes a $20-per-bottle tax on suppliers At this tax amount, the equilibrium quantity of gin is bottles, and the government collects in tax revenue. Now calculate the government's tax revenue it sets a tax of $0, 20, 540, $50, 560, 80, or $100 per bottle. (Hint: To find the equilibrium quant after the tax, adjust the Quantity field until the Tax equals the value of the per un tax.) Using the date you generate, plota Laffer curve by uning the green points (triangle symbol) to pletal tax revenue at each of those tax levels. Note: Plok your points in the order in which you would then connected in segments will connect the points automatically 2 3 5 6 7 8 W 9 R . Y Homework (Ch 08) Suppose the government imposes a $20-per-bottle tax on suppliers At this tax amount, the equilibrium quantity of gin is bottles, and the government collects in tax revenue. Now calculate the government's tax revenue it sets a tax of $0, 20, 540, $50, 560, 80, or $100 per bottle. (Hint: To find the equilibrium quant after the tax, adjust the Quantity field until the Tax equals the value of the per un tax.) Using the date you generate, plota Laffer curve by uning the green points (triangle symbol) to pletal tax revenue at each of those tax levels. Note: Plok your points in the order in which you would then connected in segments will connect the points automatically 2 3 5 6 7 8 W 9 R . Y

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