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(Solved): here are clearer pictures please anwser each seperatly Note: Once you enter a value in a ...
here are clearer pictures
please anwser each seperatly
Note: Once you enter a value in a white field, thie graph and ary corresponding amounts in each grey fiels wil thance actordifit Groph input Tool Market for Cigarettes (3) suppose the government imposes a 54-per.pack tax on s.ppiens. ot this tax amount, the equlibrium auanticy of cigavetess 3
Suppose the government imposes a \$4-per-pack tax on suppliers. At this tax amount, the equilibrium quantity of cigarettes is packs, and the government collects in tax reyenue. Now calculate the government's tax revenue if it sets a tax of \( \$ 0, \$ 4, \$ 8, \$ 10, \$ 12, \$ 16 \), or \( \$ 20 \) per pack. (Hint: To find the equalibrium quantity after the tax, adjust the "Quantity" field until the Tax equals the value of the per-unit tax.) Using the data you generate, plot a Laffer curve by issing the green points (triangle symbol) to plot total tax revenue at each of those tax levels. Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically.
Suppose the govetnment is curtent impssing o \( \$ 12 \)-per-pack tax on dgarettes True or False: The government can raice is tax revenue thy decreastig the periunit rax on cigarettes: Trat False and the \( \operatorname{tax}) \)
On the following graph, use the black curve (plus symbols) to illiustrate the deadweight foss in these cases. (Hint: Ramember that the ares of a triangle is equal to \( \frac{1}{2} \times \) Base \( \times \) Height, in the case of a deadweight loss criangle found on the graph ingut tool, the duse is the amount of the tax and the height is the roduction in puantity caused by the tax.) As the tax per pack increases, deadweight loss