Use the following to answer questions:
Figure: Model of a Competitive Market 
-(Figure: Model of a Competitive Market) Given the figure Model of a Competitive Market, if a tax is imposed on sellers, the equilibrium price will _____ and the equilibrium quantity will _____.
Definitions:
Painting
The practice of creating artwork by applying pigment to a surface, such as canvas, paper, or a wall, using tools like brushes.
Modifying
The process of making changes or alterations to an existing system, structure, or process to improve performance or efficiency.
Business Location
The physical place where a company is situated, which can impact its success and operational efficiency.
Supplies
Items or materials used in the operation of a business, often consumable in nature.
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