Question 8 (1 point) Price per gallon 5 $7.00 6.33 5.50 5.00 4.40 3.40 2.60 L1 D 0 100 225 300 750 Quantity (gallons per day) Use Figure: Excise Tax on Gasoline. If an excise tax on gasoline of $1.10 per gallon is imposed, the price paid by consumers will: () rise by $1.33. () notrise. () rise by $0.50. () rise by $1.10