1. Understanding the implications of taxes on welfare The following araph represents the demand and supply for blinkles (an imaginary product). The black point (plus symbol) indicates the pre-tax equlibrium. Suppose the government has fust decided to impose a tax on this market; the grey points (star symbol) indicate the oftertax scenario; Complete the following table, given the information presented on the graph. In the following table, indicate which areas on the previous graph correspond to each concept. Check all that apply..