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Question 7 Homework Unanswered Fill in the Blanks Type your answers in all of the blanks and submit X, X In the scenario above, the buyers' share of the tax is $ Type your answer here. per bottle. Type your answer here. per bottle and the sellers' share is $ O
The table below shows the quantities of wine demanded and supplied at different prices with no tax. Suppose a tax of $6 per bottle is collected from sellers of wine. Price ($/bottle) Quantity (million bottles) Demanded Supplied 12 14 8 16 10 10 20 6 12