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imposes a $100 excise tax on every coffee sold to be paid by customers at the point of sale. Price (dollars) Quantity Demanded Quantity Supplied

imposes a $100 excise tax on every coffee sold to be paid by customers at the point of sale.

Price (dollars) Quantity Demanded Quantity Supplied Quantity Demanded with Excise Tax
$1,240 150 300 100
1,180 180 280 130
1,120 210 260 160
1,060 240 240 190
1,000 270 220 220
940 300 200 250
880 330 180 280
820 360 160 310
760 390 140 340
700 420 120 370

Including the excise tax, what is the price consumers pay after the tax? What is the price producers receive after the tax?

1060; 960

1000; 900

1160; 1060

1100; 1000

explain

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