• make a graph showing what will happen to the Supply & Demand curves for soda in the US if a soda tax is put in place. (Hint: a sales tax has a different impact than an income tax)
• The data used to make this graph isn't important and you will hide the values on your x and y axes. What is most important is where the equilibrium is before and after the shift!
  • Feel free to use the "fake" data provided in our previous graphing homework.

In your paper, explain which curve the soda tax will shift. Then explain why this curve was impacted using the shifting reasons described in our class. Also, explain:

• • What happens to the quantity output after the shift?
  • What happens to the price of soda after the shift?

Notes on creating your graph:

They have to be made in excel. The graph should have

• a line for supply
• a line for demand
• in the settings, make sure to "hide" the fake data after creating your graph.
• a label on each curve
• a label telling what is on your x and y axis
• a title for what each graph shows
• remove the numbers from the x and y axis used to create the graphs since you're just using "dummy data"
• and additional lines for any shifts you make.