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The data for ve-kilo boxes of iobsters are given In the table below. Quantity Quantity Supplied Quantity Supplied Price Demanded (before tax) {after tax) _'

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The data for ve-kilo boxes of iobsters are given In the table below. Quantity Quantity Supplied Quantity Supplied Price Demanded (before tax) {after tax) _' T_ 125 _-- 138 869 !!- 135 a) Before the tax. what are the equilibrium price and quantity? Price: 5 ; Quantity. b) Fill in the Quantity Supplied (alter tax) column in the table shown above. assuming that a $10-per-unit excise tax is put on the product. c) What are the new equilibrium price and quantity? Price: E ; Quantity: |:l d) What portion of the $10-per-unit excise taxis paid by the seller, and what portion is paid by the consumer? Paid by seller: [2 96 ', Paid by consumer: |:] 96

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