Questions 2 to 4 please

In Du I I I I I I l l I r-' 8 8 _______ 80 Quantity Figure 1. Market for ice creams (Quantity per hour) Based on the gure 1 above, answer the following questions: i. If the market for ice cream is in equilibrium what is the area corresponding to consumer surplus and the area corresponding to producer surplus? (2 Marks) f a tax of S4 is applied in this market what is the price consumers pay? What is the price sellers receive? (2 marks) ith a tax of 84, what are the areas corresponding to consumer surplus and producer surplus? What is the area of deadweight loss DWL)? (3 Marks) I alculate the revenue the government raises from the $4 tax in this market? (1 Mark) 5. Overall how would you determine if people are better ofic after the tax? Briey explain. (2 Marks)