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Please solve The next five questions involve the following diagram, which depicts a tax of $10 per unit on consumers. PRICE SUPPLY 725 70 DEMAND

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The next five questions involve the following diagram, which depicts a tax of $10 per unit on consumers. PRICE SUPPLY 725 70 DEMAND DEMAND (WITH TAXI QUANTITY 47. Under the tax, what is the producer surplus? (A) $2,301.25. (B) $6,903.75. (C) $7,890. (D) Impossible to determine without more information. 48. Under the tax, what is the consumer surplus? (A) $2,630. (B) $2,301.25. (C) $6,903.75. (D) $7,890.49. What is the burden of the tax on producers? (A) $2.50. (B) $5.00. (C) $7.50. (D) $10. 50. What is the burden of the tax on consumers? (A) $2.50. (B) $5.00. (C) $7.50. (D) $10. 51. What is the deadweight loss from the tax? (A) $185. (B) $200. (C) $265. (D) $370. 52. Which of the following policies would contravene the Canadian Constitution? (A) The federal government starts an agricultural loans program. (B) The Government of Quebec slashes university tuition. (C) The Government of Alberta enacts export tariffs for oil being shipped to the United States. (D) The federal government commits funding to bring safe drinking water to indigenous reserves

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