Question 16 4 points Save Answer Assume that the graph below reflects the market for pack of cigarettes in Virginia. The vertical axis is the price of a pack of cigarettes and the horizontal axis is the packs of cigarettes in thousands. 12 - 11 10 9. D 10 20 30 40 50 60 70 80 90 100 110 120 Q If the state of Virginia imposes a $6 sales tax on a pack of cigarettes and as a result, consumers pay $9 for a pack of cigarettes, then" O consumers are paying 67 percent of the tax and the state will take in $280,000 in tax revenue. O consumers are paying 67 percent of the tax and the state will take in $120,000 in tax revenue. suppliers are paying 33 percent of the tax and the state will take in $180,000 in tax revenue. suppliers are paying 33 percent of the tax and the state will take In $60,000 in tax revenue. 11:14 AM