Q4. Suppose the state government decided to impose a tax on cigarette purchases in order to discourage smoking and thus prevent health-related issues for the general public. By drawing a graph of demand and supply curves, illustrate and explain briey in your own words the effect that a $2 per pack cigarette tax will have on the equilibrium price and the quantity of cigarettes in the market. In other words, illustrate the increase or decrease of equilibrium price and quantities after the imposition of a tax of $2 per pack. Briey explain whether the price change of cigarettes would rise by more than, less than, or exactly $2. Hint: You start with an initial equilibrium price and quantity with D and S of the cigarette market followed by changing the D or 5 curves in response to tax imposition by the government