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psu.instructure.com Question 8 1 pts Suppose the demand for a product is given by P - 50 -Q. Also, the supply is given by P

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psu.instructure.com Question 8 1 pts Suppose the demand for a product is given by P - 50 -Q. Also, the supply is given by P - 10 + 3Q. If a $12 per-unit excise tax is levied on the buyers of a good, after the tax, the total amount of tax paid by the consumers is $18 6 $63 None of these $21 Question 9 1 pt Suppose the demand for a product is given by P - 40 - 4Q. Also, the supply is given by P = 10 + Q. If a $10 per-unit excise tax is levied on the buyers of a good, after the tax, the total amount of tax paid by the producers is None of these $40 $32 30 $8 0 $10 Question 10 1 pts Suppose the demand for a product is given by P - 30 - 3Q. Also, the supply is given by P - 10 + Q. If a $4 per-unit excise tax is levied on the buyers of a good, after the tax, the total quantity of the good sold is 14 None of these

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