Consider the following oil market which is free from the government intervention where the market determine equilibrium price $4 and equilibrium quantity 4 million gallons of oil. Suppose government imposed a legal tax of $1.5 on producers. Show changes in the above graph. How much will be the producer surplus and consumer surplus after imposing of $1.5 taxes on the producer. Show in the graphs and show all calculations. How much consumer and producer will pay after imposing of $1.5 taxes on producer. Show in the graphs too. Calculate DWL and show in the graph. Calculate the government revenue and show in the graph