If a new tax on sellers of $0.60 per pack of cigarettes is introduced, equilibrium occurs: $0.30 higher than the current equilibrium price. $0.60 lower than the current equilibrium price. at the point where the new supply curve meets the demand curve. Incorrect: $0.60 higher than the current equilibrium price. $0.60 higher than the current equilibrium price.Taxes pose an economic burden on buyers and sellers. Taxes tend to _____ the quantity demanded and the quantity supplied of the taxed goods, as consumers pay _____, and sellers receive _____. reduce; more; less increase; less; more reduce; less; more increase; more; less