The following graph shows the daily market for jeans when the tax on sellers is set at $0 per pair.

Suppose the government institutes a tax of $23.20 per pair, to be paid by the seller.

Use the graph input tool to help you answer the following questions. You will not be graded on any changes you make to this graph. Note: Once you enter a value in a white field, the graph and any corresponding amounts in each grey field will change accordingly. Hint: To see the impact of the tax, first enter the value of the tax in the Tax on Sellers field. Adjust the value in the price field to move the green line to the after-tax equilibrium so that quantity demanded equals quantity supplied. Graph Input Tool 200 Market for Jeans 180 Price $100 (Dollars per pair) 160 Supply Quantity 500.00 Quantity Supplied 500.00 140 Demanded (Pairs of jeans) (Pairs of jeans) 120 100 PRICE (Dollars per pair) Supply Shifter 80 60 Demand Tax on Sellers 0.00 (Dollars per pair) 40 20 O 0 100 200 300 400 500 600 700 800 900 1000 QUANTITY (Pairs of jeans)Fill in the following table with the quantity sold and the equilibrium price before and after the tax. Quantity Equilibrium Price (Pairs of jeans) (Dollars per pair) Before Tax [: l: : C After Tax Although the tax was $23.20 per pair, after the tax was imposed, the equilibrium price increased by , which represents the amount of the per-unit tax that is paid by the buyers. From this you can conclude that sellers pay the remaining of the $23.20-per-unit tax