Bookmarks Profiles Tab Window Help M J : 3 0 7 9 8 Sat Oct 9 4:43 PM Chrome File Edit View History .. . University of Nevada, Las Vega X Homework (Ch 08) X MindTap - Cengage Learning X Course Hero X + ng.cengage.com/staticb/ui/evo/index.html?deploymentld=598281236560221612301640424&eISBN=9780357133606&id=1253450993&snapshotld=2527345& Reading List Apps Bookmarks Apple G google TurboTax - Verizon Level 25 Cox ] Travelers UNLV Health Finance Pass Details MI 10 Inform Speech Maxwell CENGAGE | MINDTAP Q Search this course ? X My Home Homework (Ch 08) Suppose the government imposes an excise tax on commercial fans. The black line on the following graph shows the tax wedge created by a tax of Courses $60 per fan. Catalog and Study Tools A-Z First, use the tan quadrilateral (dash symbols) to shade the area representing tax revenue. Next, use the green point (triangle symbol) to shade the Rental Options area representing total consumer surplus after the tax. Then, use the purple point (diamond symbol) to shade the area representing total producer surplus after the tax. Finally, use the black point (plus symbol) to shade the area representing deadweight loss. College Success Tips ? Career Success Tips ? Help After Tax Give Feedback 150 135 Demand Tax Revenue 120 bongo A 105 90 Tax Wedge Consumer Surplus PRICE (Dollars per fan) 75 60 Producer Surplus 45 A+ Supply 30 Deadweight Loss 15 o 10 20 30 40 50 60 70 80 90 100 O QUANTITY (Fans) Complete the following table by using the previous graphs to determine the values of consumer and producer surplus before the tax, and consumer surplus, producer surplus, tax revenue, and deadweight loss after the tax. Note: You can determine the areas of different portions of the graph by selecting the relevant area. Before Tax After Tax (Dollars) (Dollars)Chrome File Edit View History Bookmarks Profiles Tab Window Help M J : 3 0 7 9 8 Sat Oct 9 4:43 PM .. . University of Nevada, Las Vega X Homework (Ch 08) X MindTap - Cengage Learning X Course Hero X + ng.cengage.com/staticb/ui/evo/index.html?deploymentld=598281236560221612301640424&elSBN=9780357133606&id=1253450993&snapshotld=2527345& Apps Bookmarks Apple G google TurboTax - Verizon Level 25 Cox ] Travelers UNLV Health Finance Pass Details MI 10 Inform Speech Reading List Q Search this course ? Maxwell CENGAGE | MINDTAP X My Home Homework (Ch 08) Courses After Tax Catalog and Study Tools 150 A-Z Rental Options 35 120 Demand Tax Revenue College Success Tips A 105 Career Success Tips 90 Tax Wedge Consumer Surplus PRICE (Dollars per fan) ? Help 75 60 Producer Surplus Give Feedback 45 Supply 30 Deadweight Loss bongo 15 10 20 30 40 50 60 70 80 90 100 QUANTITY (Fans) A+ Complete the following table by using the previous graphs to determine the values of consumer and producer surplus before the tax, and consumer surplus, producer surplus, tax revenue, and deadweight loss after the tax. Note: You can determine the areas of different portions of the graph by selecting the relevant area. O Before Tax After Tax (Dollars) (Dollars) Consumer Surplus Producer Surplus Tax Revenue Deadweight Loss Grade It Now Save & Continue Continue without saving