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Intermediate Microeconomicsquestion. Thank you! H 4 library 71 In the graph above assume the intercepts on the horizontal axis good are given by a =

Intermediate Microeconomicsquestion.

Thank you!

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H 4 library 71 In the graph above assume the intercepts on the horizontal axis good are given by a = 2, b = 8. c = 10, d = 24. e = 35, / = 60 with the intercepts on the vertical axis good given by A = 5, B = 12, C = 15. D = 18, E = 30, F = 40, G = 50, H = 120. Assume the price of the vertical axis good is py = 14, and the sales tax rate is r = 4, that is 400\\% on top of the sticker price of the vertical axis good. The red line is the budget line with no tax , the orange line is the budget line with an income tax, and the solid blue line is the budget line with a sales tax on the vertical axis good. The blue dotted line is parallel to solid blue line and tangent to the red dotted line. Optimal market baskets are indicated on each of the solid budget lines (the dotted red curve is the indifference curve passing through the optimal market basket under the assumption of no tax). How much money would the consumer have to be transferred after the income tax to be indifferent between the income tax & transfer, and no income tax at all

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