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I think I did most of this worksheet wrong and I really need explanations. I don't know where to shade the tax for either sellers

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I think I did most of this worksheet wrong and I really need explanations. I don't know where to shade the tax for either sellers or buyers either.

image text in transcribed
3 . The supply and demand for foreign cars in Bangladesh is shown in the graph below. Suppose the government imposes a tax on supply of 10,000 takas per car. The new equilibrium price and quantity are shown in the graph below. Thousands of takas 0 50 100 150 200 250 300 Q Cars a. What is the original equilibrium price and quantity? 300 cars @ 40 , 000 takes b. What is the new equilibrium price and quantity because of the tax? 250 cars @ 44,000 takas c. What is the price paid by buyers after the tax? 4 41 000 d. What is the price received by sellers after the tax? 34, 000 ( 280) e. Demonstrate graphically the tax paid by buyers. (Darkly shade) hop rectangle ( 44-40)(250 ) - 1000 in touschy f. Demonstrate graphically the tax paid by sellers. (Lightly shade) bottom rectangle ( 40- 34) ( 250 ) = 1, 500 in thousands 9. From your shading, what can you conclude about the relative elasticities of the supply and demand curves? demand is relatively elastic h. What is the deadweight loss of the tax equal to? 2 ( 50 ) ( 4 ) 100 + 175 325 in thousands + 12 ( 50 ) ( 7 )

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