Figure 9-2 Price of Pencil Sharpeners $24 Domostic Supply World 16 Price 12 Domestic Demand 200 300 450 Quantity of Panca Sharpenere Refer to Figure 9-2. What is producer surplus in this economy after trade, in dollars?When a country is on the downward-sloping side of the Laffer curve, what will cutting tax rates do? Select one: O a. increase tax revenues and decrease deadweight loss cross out O b. lower both tax revenues and deadweight loss cross out O c. increase both tax revenues and deadweight loss cross out O d. lower tax revenues and increase deadweight loss cross out %