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Incorrect Question 12 0 / 0.5 pts Figure 8-1 [ Price Supply P' K PIl L Y M B N Demand Quantity Refer to Figure

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Incorrect Question 12 0 / 0.5 pts Figure 8-1 [ Price Supply P' K PIl L Y M B N Demand Quantity Refer to Figure 8-1. Suppose the government imposes a tax of P' - P". The producer surplus before the tax is measured by the area O It J+ K. O ITY. O L + M + Y . O M.Question 13 0 / 0.5 pts Figure 8-1 Refer to Figure 8-1. Suppose the government imposes a tax of P' - P'". The area measured by M represents consumer surplus after the tax. consumer surplus before the tax. producer surplus after the tax. producer surplus before the tax. Incorrect Question 16 0 / 0.5 pts Figure 8-1 Price Supply P J K T PIl L Y Pill M B N Demand Quantity Refer to Figure 8-1. Suppose the government imposes a tax of P' - P". The consumer surplus before the tax is measured by the area OM. O L + M + Y . O J . O J + K + 1.Question 17 O / 0.5 pts Figure 8-1 PI PI! PI" Refer to Figure 8-1. Suppose the government imposes a tax of P' - P'\". The area measured byJ represents consumer surplus after the tax. consumer surplus before the tax. producer surplus after the tax. producer surplus before the tax. Incorrect Question 18 0 / 0.5 pts Figure 8-1 Price Supply P K PI Y pill M B N Demand Quantity Refer to Figure 8-1. Suppose the government imposes a tax of P' - P"". The consumer surplus after the tax is measured by the area O J + K + 1 . O J. OM. O L+M +Y

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