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templeu.instructure.com C LINKStub Admin Console LINKStub Dashboard Home - Temple..Portal - 114 Google YouTube Weekly Reflection: Chapter 4 Allowed Attempts 2 Available Sep 11 at

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templeu.instructure.com C LINKStub Admin Console LINKStub Dashboard Home - Temple..Portal - 114 Google YouTube Weekly Reflection: Chapter 4 Allowed Attempts 2 Available Sep 11 at 12am - Sep 18 at 11:59pm Answer the following questions and upload the answers as a PDF (similar to what you'd done before). The answers to Questions 1 and 2 must be handwritten. Hence you will need to scan your work, and then upload it as a PDF. Question 1 (2 points) Answer the questions based on the graph below: Price 3 ons -> ative 0.5 15 2.5 4.5 Quantity 1. Suppose there is a $5 tax in this market. Calculate producer and consumer surplus when there is a $5 tax. Video 2. Shade the regions of the producer and consumer surplus in the market due to the $5 tax. where 3. Calculate and shade the area of the deadweight loss if there is a $5 tax. Question 2 (2 Points) Based on the graph below, Price ( dollars per pound) $21 DII DD A F3 F4 F5 F6 F7 F8 F9 F10 # % & 2 3 4 5 6 O W E R T Y U O P

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