Product x's demand and supply is shown in graph below. Initial market equilibrium price for good x is at $10 (Equilibrium A). Local government decides to impose an excise tax on suppliers of good x resulting supply curve to shift from S₁to S1 + Tax^_.

Use the graph to answer the following questions.

a)What is the dollar amount of the excise tax per unit on good X? $_______________

b)What is the market equilibriumoutputafterthe excise tax is imposed? ________

c)What price do buyers pay after the excise tax has been imposed? $ ____________

d)What price do sellerskeep(not receive) after paying the excise tax to the local government? $_______________

e)What share of the excise tax per unit of x do buyers end up paying? $______________

f)What share of the excise tax per unit of x do sellers end up paying? $_______________

Price Per x Government tax on cigarettes $5.50 4.50 E 4.25 D 0 18 20 Quantity