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ECON 201 - Microecomonies - Final Exam - Winter 2018 4. P= 170-12Q and P= 20 +4Q represents the market functions for sweaters. i) Calculate

ECON 201 - Microecomonies - Final Exam - Winter 2018 4. P= 170-12Q and P= 20 +4Q represents the market functions for sweaters. i) Calculate the consumer and producer surplus in a free market. ii) If the government decides to impose a $10 tax per sweater sold, what would be the new consumer surplus, producer surplus, tax revenue, and deadweight loss?"

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