Supply + Tax PRICE (S) Supply B 12 D E 10 Demand 80 100 QUANTITY The graph above shows the market for a good that is subject to a per-unit tax. The letters in the graph represent the enclosed areas. a. Using the labeling on the graph, identify each of the following. i. The equilibrium price and quantity before the tax il. The area representing the consumer surplus before the tax ili. The area representing the producer surplus before the tax b. Assume that the tax is now imposed. Based on the graph, does the price paid by the buyers rise by the full amount of the tax? Explain. c. Using the labeling on the graph, identify each of the following after the imposition of the tax. 1. The net price received by the sellers ii. The amount of tax revenue ill. The area representing the consumer surplus iv. The area representing the deadweight loss