Solve 13

mplete the following assuming the equilibrium The government ice is $10 (before the tax): Identify the consumer surplus (CS) ABCD Price Supply After Tax $16 gov. Identify the producer surplus (PS) GHIJ Tax Yev. Supply Identify the CS if a price ceiling is placed at $12 - As $200 7200 Dead weight loss Identify the CS if a price floor is placed at $12 $12 $200 E 20010 = A $10 F dentify the following after tax: The tax per unit = $4 $8 . CS after tax = A , $ 200 0. PS after tax = J , $200 1. Deadweight loss= DI, $ 200 Demand 12. Total tax revenue 4X100 = $400 $4 K M 13. Total spending by buyers 14. Total revenue to sellers 100 $200 200 300 Quantity