The first cross is 430, 105.6 the cross next to it is 500,100,and the ocross on the bottom is 430,65

200 180 160 Demand Supply 140 430, 105.6 120 100 PRICE (Dollars per pair) Tax Wedge 80 60 40 20 0 0 100 200 300 400 500 600 700 800 900 1000 QUANTITY (Pairs of shoes)ng.cengage.com C C + 88 Apple Yahoo Bing Google Wikipedia Facebook Twitter Linkedin The Weather Channel Yelp TripAdvisor Paraphrasing T.| QuillBot Al Kurzweil 3000 Log into your . External Link Ebook and Mindtap Homework Fall 2022 MindTap - Cengage Learning Course Hero Daisha CENGAGE | MINDTAP Search this course My Home Homework (Ch 06) X Courses Back to Assignment Catalog and Study Tools Attempts 2.7 Keep the Highest 2.7 / 3 A-Z Rental Options 7. Effect of a tax on buyers and sellers College Success Tips The following graph shows the daily market for wine. Suppose the government institutes a tax of $11.60 per bottle. This places a wedge between the price buyers pay and the price sellers receive. Career Success Tips MMENDED FOR YOU ? bango The Importance of Sleep Supply ? Help + Tax Wedge Give Feedback PRICE (Dollars per bottle) Demand 0 50 10 150 200 250 300 350 400 450 500 QUANTITY (Bottles of wine) Fill in the following table with the quantity sold, the price buyers pay, and the price sellers receive before and after the tax. Quantity Price Buyers Pay Price Sellers Receive (Bottles of wine) (Dollars per bottle) (Dollars per bottle) Before Tax After Tax Using the data you entered in the previous table, calculate the tax burden that falls on buyers and on sellers, respectively, and calculate the price elasticity of demand and supply over the relevant ranges using the midpoint method. Enter your results in the following table. Tax Burden (Dollars per bottle) Elasticity Buyersh 0 ng.cengage.com C + 88 Apple Yahoo Bing Google Wikipedia Facebook Twitter Linkedin The Weather Channel Yelp TripAdvisor Paraphrasing T.| QuillBot Al Kurzweil 3000 Log into your .External Link Ebook and Mindtap Homework Fall 2022 MindTap - Cengage Learning Course Hero Daisha CENGAGE | MINDTAP Search this course My Home Homework (Ch 06) X Courses 7. Effect of a tax on buyers and sellers The following graph shows the daily market for wine. Suppose the government institutes a tax of $11.60 per bottle. This places a wedge between the Catalog and Study Tools price buyers pay and the price sellers receive. A-Z Rental Options College Success Tips (? Career Success Tips MMENDED FOR YOU 8 bango Supply Tax Wedge The Importance of Sleep PRICE (Dollars per bottle) ? Help Give Feedback Demand 0 50 100 150 200 250 300 350 400 450 500 QUANTITY (Bottles of wine) Fill in the following table with the quantity sold, the price buyers pay, and the price sellers receive before and after the tax. Quantity Price Buyers Pay Price Sellers Receive (Bottles of wine) (Dollars per bottle) (Dollars per bottle) Before Tax After Tax 2.63 Using the data you entered in the previc 1.92 , calculate the tax burden that falls on buyers and on sellers, respectively, and calculate the price elasticity of demand and supply over the 0.52 put ranges using the midpoint method. Enter your results in the following table. Tax Burden 1.04 (Dollars per bottle) Buyers Sellers The burden of the tax falls more heavily on the _ elastic side of the market.h 0 ng.cengage.com C + 88 Apple Yahoo Bing Google Wikipedia Facebook Twitter Linkedin The Weather Channel Yelp TripAdvisor Paraphrasing T.| QuillBot Al Kurzweil 3000 Log into your .External Link Ebook and Mindtap Homework Fall 2022 MindTap - Cengage Learning Course Hero Daisha CENGAGE | MINDTAP Search this course My Home Homework (Ch 06) X Courses 7. Effect of a tax on buyers and sellers The following graph shows the daily market for wine. Suppose the government institutes a tax of $11.60 per bottle. This places a wedge between the Catalog and Study Tools price buyers pay and the price sellers receive. A-Z Rental Options College Success Tips (? Career Success Tips MMENDED FOR YOU 8 bango Supply Tax Wedge The Importance of Sleep PRICE (Dollars per bottle) ? Help Give Feedback Demand 0 50 100 150 200 250 300 350 400 450 500 QUANTITY (Bottles of wine) Fill in the following table with the quantity sold, the price buyers pay, and the price sellers receive before and after the tax. Quantity Price Buyers Pay Price Sellers Receive (Bottles of wine) (Dollars per bottle) (Dollars per bottle) Before Tax After Tax Using the data you entered in the previd 2 .63 calculate the tax burden that falls on buyers and on sellers, respectively, and calculate the price elasticity of demand and supply over the 1.32 hit ranges using the midpoint method. Enter your results in the following table. Tax Burden 0.38 (Dollars per bottle) EI 0.52 Buyers Sellers The burden of the tax falls more heavily on the _ elastic side of the market.h 0 ng.cengage.com C + 88 Apple Yahoo Bing Google Wikipedia Facebook Twitter Linkedin The Weather Channel Yelp TripAdvisor Paraphrasing T.| QuillBot Al Kurzweil 3000 Log into your .External Link Ebook and Mindtap Homework Fall 2022 MindTap - Cengage Learning Course Hero Daisha CENGAGE | MINDTAP Search this course My Home Homework (Ch 06) X Courses 7. Effect of a tax on buyers and sellers The following graph shows the daily market for wine. Suppose the government institutes a tax of $11.60 per bottle. This places a wedge between the Catalog and Study Tools price buyers pay and the price sellers receive. A-Z Rental Options College Success Tips (? Career Success Tips MMENDED FOR YOU 8 bango Supply Tax Wedge The Importance of Sleep PRICE (Dollars per bottle) ? Help Give Feedback Demand 0 50 100 150 200 250 300 350 400 450 500 QUANTITY (Bottles of wine) Fill in the following table with the quantity sold, the price buyers pay, and the price sellers receive before and after the tax. Quantity Price Buyers Pay Price Sellers Receive (Bottles of wine) (Dollars per bottle) (Dollars per bottle) Before Tax After Tax Using the data you entered in the previous table, calculate the tax burden that falls on buyers and on sellers, respectively, and calculate the price elasticity of demand and supply over the relevant ranges using the midpoint method. Enter your results in the following table. Tax Burden (Dollars per bottle) Elasticity Buyers less Sellers more The burden of the tax falls more heavily on the _ elastic side of the market