Part 2Refer again to Graph 1. Suppose the graph depicts the imposition of an excise tax equal to Ph-Pc.What is resulting dead-weight loss (reduction on both producer and consumer surplus relative to the "no tax" outcome)?O ?O c+dtgO gthO b+c+d

Graph 1 Price Supply + tax Supply Ph a b h Pe g C Pc d Demand Qe Quantity Refer to Graph 1. Suppose the graph depicts the imposition of an excise tax equal to Ph-Pc (i.e. the difference between the price Ph and the price Pc). What is producer surplus? O atb+c Old Oa O b+c+d