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978019939

b Will your purchase the new printer? Explain why. LA L08 years. Show your work 4. Consider the beer market: The government imposes the excise tax of $12 on beer sellers, which shifts the supply curve to Qs Px 4. There is no changes in demand for beer with the excise tax of $12. 4 a. Draw supply and demand curves without any tax in a graph. b. Find the equilibrium price and quantity without any tax. Show your work c. Draw supply and demand curves with the excise tax of $12 in a graph. d. Find the quantity sold with the excise tax of $12. Explain your answer e. Find the price that consumers pay with the excise tax of $12. Explain your answer f. Find the price sellers receive with the excise tax of $12. Explain your answer
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