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Please help me with the questions only answers are ok. Question 1 3 pts Consider the following budget lines under alternative tax regimes, similar to

Please help me with the questions only answers are ok.

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Question 1 3 pts Consider the following budget lines under alternative tax regimes, similar to the assignment (not necessarily to scale): In the graph above assume the intercepts on the horizontal axis good are given by a = 10,!) = 20,0 = 25,d= 30,8 = 35,f = 60with the intercepts on the vertical axis good given by A = 5,3: 10,0 = 12,13: l5,E'= 20,F= 25,G = 50, Assume the before tax price of the vertical axis good is p2 = 2 and the sales tax rate is r = 2. that is 200\\% 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 sales tax (on the vertical axis good) to be indifferent between the sales tax & transfer, and no sales tax at all

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