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14. 15. l6. 17. 18. 19. What happens to the total sulplus when the supply of shampoo suddenly declines? a. Producer surplus decreases and consumer

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14. 15. l6. 17. 18. 19. What happens to the total sulplus when the supply of shampoo suddenly declines? a. Producer surplus decreases and consumer surplus is unchanged. b. Consumer surplus decreases and producer surplus is unchanged. c. Consumer surplus decreases and producer surplus decreases. d. Consumer surplus is unchanged and producer surplus is unchanged. Use the following information to answer the following FOUR questions, The graph shows a market where a tax has been imposed. B was the equilibrium price before the tax was imposed, and K was the equilibrium quantity. After the tax, C is the price that buyers pay, and A is the price that sellers receive. H units are sold after the tax is imposed. Note that f] is to refer to a rectangle an the graph and

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