Note:-Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure. The following graph gives the labor market for laboratory aides in the imaginary country of Paideia.The equilibrium hourly wage is $10, and theequilibrium number of laboratory aides is 150.Suppose the federal government of Paideia has decided to institute an hourly payroll tax of $4 on laboratory aides and wants to determine whether thetax should be levied on the workers, the employers, or both (in such a way that half the tax is collected from each party).Use the graph input tool to evaluate these three proposals. Entering a number into the Tax Levied on Employers field (initially set at zero dollars perhour) shifts the demand curve down by the amount you enter, and entering a number into the Tax Levied on Workers field (initially set at zero dollarsper hour) shifts the supply curve up by the amount you enter. To determine the before-tax wage for each tax proposal, adjust the amount in theWage field until the quantity of labor supplied equals the quantity of labor demanded. You will not be graded on any changes you make to this graph.Note: Once you enter a value in a white field, the graph and any corresponding amounts in each grey field will change accordingly.WAGE (Dollars per hour)20181614004Levied onEmployers(Dollars per hour)02SupplyTax ProposalDemand30 60 90 120 150 180 210 240 270 300LABOR (Number of workers)D-TaxLevied onWorkers(Dollars perhour)042Graph Input ToolMarket for Laboratory Aides90Wage(Dollars per hour)Labor Demanded(Number of workers)Demand ShifterTax Levied onEmployers(Dollars per hour)Quantity Hired(Number ofworkers)For each of the proposals, use the previous graph to determine the new number of laboratory aides hired. Then compute the after-tax amount paidby employers (that is, the wage paid to workers plus any taxes collected from the employers) and the after-tax amount earned by laboratory aides(that is, the wage received by workers minus any taxes collected from the workers).0186O The proposal in which the entire tax is collected from workersO The proposal in which the tax is collected from each side evenlyO The proposal in which the tax is collected from employersO None of the proposals is better than the others4Labor Supplied(Number of workers)Supply ShifterTax Levied onWorkers(Dollars per hour)After-Tax Wage Paid byEmployers(Dollars per hour)?900After-Tax Wage Received byWorkers(Dollars per hour)Suppose the government doesn't want to discourage employers from hiring laboratory aides and, therefore, wants to minimize the share of the taxpaid by the employers. Of the three tax proposals, which is best for accomplishing this goal?

Demand-supply equilibrium:The demand function reflects an individual’s willingness to pay for each…

The following graph gives the labor market for laboratory aides in the imaginary country of Paideia. The equilibrium hourly wage is $10, and the equilibrium number of laboratory aides is 150. Suppose the federal government of Paideia has decided to institute an hourly payroll tax of $4 on laboratory aides and wants to determine whether the tax should be levied on the workers, the employers, or both (in such a way that half the tax is collected from each party). Use the graph input tool to evaluate these three proposals. Entering a number into the Tax Levied on Employers field (initially set at zero dollars per hour) shifts the demand curve down by the amount you enter, and entering a number into the Tax Levied on Workers field (initially set at zero dollars per hour) shifts the supply curve up by the amount you enter. To determine the before-tax wage for each tax proposal, adjust the amount in the Wage field until the quantity of labor supplied equals the quantity of labor demanded. You will not be graded on any changes you make to this graph. Note: Once you enter a value in a white field, the graph and any corresponding amounts in each grey field will change accordingly. 18 Supply 16 14 IX Demand WAGE (Dollars p 20 2 0 0 30 4 0 2 60 90 120 150 180 210 240 270 300 LABOR (Number of workers) Levied on Employers (Dollars per hour) D-Tax Tax Proposal Levied on Workers (Dollars per hour) 0 4 2 Graph Input Tool Market for Laboratory Aides Wage (Dollars per hour) 90 Labor Demanded (Number of workers) Demand Shifter Quantity Hired (Number of workers) Tax Levied on Employers (Dollars per hour) For each of the proposals, use the previous graph to determine the new number of laboratory aides hired. Then compute the after-tax amount paid by employers (that is, the wage paid to workers plus any taxes collected from the employers) and the after-tax amount earned by laboratory aides (that is, the wage received by workers minus any taxes collected from the workers). 0 186 O The proposal in which the entire tax is collected from workers O The proposal in which the tax is collected from each side evenly O The proposal in which the tax is collected from employers. O None of the proposals is better than the others 4 Labor Supplied (Number of workers) After-Tax Wage Paid by Employers (Dollars per hour) Supply Shifter Tax Levied on Workers (Dollars per hour) ? 90 0 After-Tax Wage Received by Workers (Dollars per hour) Suppose the government doesn't want to discourage employers from hiring laboratory aides and, therefore, wants to minimize the share of the tax paid by the employers. Of the three tax proposals, which is best for accomplishing this goal?