The table shows the quantities of beer supplied and demanded (in millions of six packs) at different prices ($ per six pack) in an unregulated market with no tax. Suppose a tax of $5 per six pack is collected from sellers of beer. Assume that the demand curve and the supply curve are straight lines. Quantity supplied Quantity demanded Price $4 28 $8 24 24 $12 40 With the tax in effect: The equilibrium price of beer is $ A per pack (enter a whole number, example: 10) The equilibrium quantity of beer is million packs (enter a whole number, example: 10) The buyers' share of the tax is $ per pack (enter a whole number, example: 10) The sellers' share of the tax is $ per pack (enter a whole number,. example: 10) 20 %24

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