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I have the questions as well: as follows: result. value. equilibrium quantity BEFORE tax: per-unit tax: = price consumers pay AFTER tax: then there is

I have the questions as well: as follows: result. value. equilibrium quantity BEFORE tax: per-unit tax: = price consumers pay AFTER tax: then there is this question: in the table, indicate which areas on the previous graph correspond to each concept. check all that apply: concept. A. B. C. D. E. F. consumer surplus BEFORE the tax is imposed=a,b,c,d,e,f? producer surplus AFTER the tax is imposed=a,b,c,d,e,f. deadweight loss AFTER the tax is imposed=a,b,c,d,e,f???

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1. Understanding the implications of taxes on welfare The following graph represents the demand and supply for pinckneys (an imaginary product). The black point (plus symbol) indicates the pre-tax equilibrium. Suppose the government has just decided to impose a tax on this market; the grey points (star symbol) indicate the after-tax scenario. Demand Supply 18.00 PRICE (Dollars per pinckney) 13.50 9 00 4 LL QUANTITY (Pinckneys)

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