Suppose that there are 42 million smokers in the United States, the average cigarette smoker smokes a pack per day, and the price of a pack of cigarettes is $6.50 Show on the graph the projected impact of the tobacco tax analyzed in the Washington Post article How Obama's Tobacco Tax Would Drive Down Smoking Rates. Assume the tax is charged to cigarette producers. Price ($) Quantity (millions of packs per day) 36 37 38 39 40 41 42 43 44 5.0 5.3 5.5 5.8 6.0 6.3 6.5 6.8 7.0 7.3 7.5 7.8 8.0 Demand Supply Which statement about the new equilibrium is most likely true? The quantity will fall and the price will rise by less than the tax. The quantity will rise and the price will fall by less than the tax. The quantity will fall and the price will rise by the amount of the tax. The quantity will rise and the price will fall by the amount of the tax.