Suppose the Canadian government has decided to place an excise tax of $150 per tire on producers of automobile tires. Excise taxes are also called sales or commodity taxes. Previously, there was no excise tax on automobile tires. As a result of the excise tax, producers of tires, such as Bridgestone and Michelin, are going to alter their tire prices. The graph illustrates the demand and supply curves for automobile tires before the excise tax. 950 900 850 800 750 700 650 600 550 500 Price per tire 450 400 350 300 250 200 150 100 50 0 8 Quantity of tires -Demand -Supply per tire, and the effective price that sellers will receive is $ per tire. As a result of the tax, the effective price that consumers will pay is $ The new equilibrium quantity is