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econ. Price $22 20 18 16 - 14 12 10 - 5 10 15 20 25 30 35 40 45 50 Quantity Refer to Figure

econ.

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Price $22 20 18 16 - 14 12 10 - 5 10 15 20 25 30 35 40 45 50 Quantity Refer to Figure 8-7. What would consumer surplus be after the tax is levied on the seller? a. $45 b. $75 c. $125 d. $150 Price B E D Pa Quantity Refer to Figure 8-5. Which area represents producer surplus before the tax? a. A b. A + B +C C. D +E d. D+ E +F

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