0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 Quantity Price Paid Quantity (thousands per week) No Tax $50.00 4,000 With Tax $50.00 4,000 Instructions: Adjust the sliders so that the vertical intercept of the supply curve is $22.00 and the vertical intercept is $66.00 for the demand curve. Assume there is initially no tax, and that a $12.50 tax is being proposed by policymakers. Report all answers to two decimal places. a) Calculate the total amount of surplus that consumers would lose if the tax was implemented. $ b) Calculate the total amount of surplus that producers would lose if the tax was implemented. $ c) How much of the total losses for consumers and producers are recovered as government tax revenue? $ d) Is there any surplus lost by either consumers or producers that is not recovered as revenue? (Click to select) dar 11 04 2019 13