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1. Understanding the implications of taxes on weifare: The foloeine groph represents the demand and supply for blinkies (an imaginary product). The biack point (plus synbai) indicates the sre-tax equibrium. Suppose the government bas just dedided to impose a tax on this market; the grey seints (sear iymbel) insicate the ahter-tax scenarioComplete the following table, given the information presented on the graph. In the following table, indicate which areas on the previous groph correspond to each cancept. Check all that apply..

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1. Understanding the implications of taxes on weifare: The foloeine groph represents the demand and supply for blinkies (an imaginary product). The biack point (plus synbai) indicates the sre-tax equibrium. Suppose the government bas just dedided to impose a tax on this market; the grey seints (sear iymbel) insicate the ahter-tax scenarioComplete the following table, given the information presented on the graph. In the following table, indicate which areas on the previous groph correspond to each cancept. Check all that apply.

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