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7. The emperor of Gondwanaland must collect taxes from the people to pay for the purchases of surplus gosum berries by the Chairman of Production's
7. The emperor of Gondwanaland must collect taxes from the people to pay for the purchases of surplus gosum berries by the Chairman of Production's Office. As a result, total surplus with a price floor (TSpf) is reduced by the amount the Chairman of Production Office spent on buying the excess gosum berries. Using your answers for problems 4, 5, and 6 above, calculate the total surplus when there is a price floor (TSpf)? Show your calculations. 4) Consumer surplus $4500 5) Producer surplus $16500 6) Cost of Surplus purchased $28000
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