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Part 1a. Assume a tax is levied on suppliers. The tax is in cents per pound and is equal to the number of consonants in
Part 1a. Assume a tax is levied on suppliers. The tax is in cents per pound and is equal to the number of consonants in your first and last name multiplied by 6. (The tax is $0.84 for Alexandria Roethlisberger.) ? pts). Calculate: 1. (4 pts) The new Pe and Qe 2. (8 pts) CS, PS, tax revenue, and Es with the tax 3. (2 pts) Deadweight loss by calculating the area of the triangle (rounded to 4 decimals), 4. (4 pts) The tax incident for both consumers and suppliers expressed in both absolute terms and percentage of total tax Part 1b. Assume the same tax amount is levied but on consumers (2 pts). Calculate: 1. (4 pts) The new Pe and de 2. (8 pts) CS, PS, tax revenue, and ES with the tax 3. (2 pts) Deadweight loss by calculating the change in ES from Assignment 4 plus the tax revenue (rounded to 4 decimals) 4. (4 pts) The tax incident for both consumers and suppliers expressed in both absolute terms and percentage of total tax after an integer). Assumption 1 Terms of Trade: 0.00 cherrles per apple Assumption 2 Jack trades up to 0.00 Jack's Production & Consumption of: Without Trade Wich Trade Cheries Apples Cherries Apples 0.00 0.21 2095 1930 2.14 1886 Jack's Production Possibility Frontier... 25 20 1783 ...without Trade with Trade 3.52 15 16.26 15.21 14.62 10 Jill's Production & Consumption of: Without Trade With Trade Cherries Apples Chemies Apples 45.00 0.00 42.86 0.95 40.21 1.90 38 52 2.86 36.43 34.29 4.16 32.14 5.71 30.00 6.67 27.86 7.62 25.21 8.52 23.52 9.52 21.43 10.48 19.29 17.14 12.38 15.00 12.16 10:21 15.24 8:52 16.19 6.43 17.14 4.29 18.10 19.05 0.00 20.00 Apples 5 12.57 1152 1048 0 0 5 10 15 5.00 5.21 6.43 7.14 7.86 8.52 9.29 1000 10.71 11.43 12.14 12 26 1357 1429 15.00 20 13.33 Cherries 7.33 6.23 5.24 3.14 2.30 Jill's Production Possibility Frontier... 20 0.00 ...without Trade 15 ...with Trade 10 Laco - 1.47 Aple the fruik van comparin Carry the comin SISOG: -0.44 SOC -2.25 Mis Max Tata as bath what is dedi d battite| is them and therefore in which lackand Albehandfromtrade Apples 5 0 0 10 20 30 40 50 Cherries Part 1a. Assume a tax is levied on suppliers. The tax is in cents per pound and is equal to the number of consonants in your first and last name multiplied by 6. (The tax is $0.84 for Alexandria Roethlisberger.) ? pts). Calculate: 1. (4 pts) The new Pe and Qe 2. (8 pts) CS, PS, tax revenue, and Es with the tax 3. (2 pts) Deadweight loss by calculating the area of the triangle (rounded to 4 decimals), 4. (4 pts) The tax incident for both consumers and suppliers expressed in both absolute terms and percentage of total tax Part 1b. Assume the same tax amount is levied but on consumers (2 pts). Calculate: 1. (4 pts) The new Pe and de 2. (8 pts) CS, PS, tax revenue, and ES with the tax 3. (2 pts) Deadweight loss by calculating the change in ES from Assignment 4 plus the tax revenue (rounded to 4 decimals) 4. (4 pts) The tax incident for both consumers and suppliers expressed in both absolute terms and percentage of total tax after an integer). Assumption 1 Terms of Trade: 0.00 cherrles per apple Assumption 2 Jack trades up to 0.00 Jack's Production & Consumption of: Without Trade Wich Trade Cheries Apples Cherries Apples 0.00 0.21 2095 1930 2.14 1886 Jack's Production Possibility Frontier... 25 20 1783 ...without Trade with Trade 3.52 15 16.26 15.21 14.62 10 Jill's Production & Consumption of: Without Trade With Trade Cherries Apples Chemies Apples 45.00 0.00 42.86 0.95 40.21 1.90 38 52 2.86 36.43 34.29 4.16 32.14 5.71 30.00 6.67 27.86 7.62 25.21 8.52 23.52 9.52 21.43 10.48 19.29 17.14 12.38 15.00 12.16 10:21 15.24 8:52 16.19 6.43 17.14 4.29 18.10 19.05 0.00 20.00 Apples 5 12.57 1152 1048 0 0 5 10 15 5.00 5.21 6.43 7.14 7.86 8.52 9.29 1000 10.71 11.43 12.14 12 26 1357 1429 15.00 20 13.33 Cherries 7.33 6.23 5.24 3.14 2.30 Jill's Production Possibility Frontier... 20 0.00 ...without Trade 15 ...with Trade 10 Laco - 1.47 Aple the fruik van comparin Carry the comin SISOG: -0.44 SOC -2.25 Mis Max Tata as bath what is dedi d battite| is them and therefore in which lackand Albehandfromtrade Apples 5 0 0 10 20 30 40 50 Cherries
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