The market supply of cigarettes is shown in the table below. Supply of Cigarettes
Quantity of Cigarettes Supplied (packs)
Price (dollars) Pre-Tax Post-Tax
$1.00 100 0
1.50 150 0
2.00 200 50
2.50 250 100
3.00 300 250
Suppose that in order to discourage people from smoking the government decides to place an excise tax on every pack of cigarettes sold. As a result of the tax, the supply of cigarettes decreases by 150 packs of cigarettes at each price.
Graph the pre-tax market and after-tax market supply curves.

Which of the following businesses is most likely to disrupt an existing industry? a. closer connex developed an earphone that receives emails and text messages and converts them to voice messages. the first models had poor reception, but they rapidly improved over time. b. mega technologies reconfigured the components used in its touchscreen tablets to create a new type of wearable device for use in restaurants and other service industries. c. particle inc. developed a teleportation technology that can transport physical materials instantaneously across great distances. d. altrea added advanced camera technology to its premium line of smartphones so that they would take the highest-quality photos of all phones on the market.