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Please help!! #20} Consider the following graph: It shows the effects of a tax per unit. 5 14 10 0 500 900 Quantity Time a)
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#20} Consider the following graph: It shows the effects of a tax per unit. 5 14 10 0 500 900 Quantity Time a) What is the consumer surplus before the tax? (1 pt.) b) What is the producer surplus after the tax? (1 pts.) c) What is the amount of tax revenue? (1 pt.) d) What is the tax per unit? (1 pt.) e) What is the tax incidence paid by consumers? (1 pt.) f) What is the tax incidence paid by sellers? (1 pt.) 3) What is the deadweight loss of the tax? (1 pts)Step by Step Solution
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