The video game market is currently sitting at a post-tax equilibrium where buyers pay $64 inclusive of a $4 tax and 1,000 units are sold: pt = $64, P5 = $60, Qt = 1000. Supply is unit-elastic, Es = 1, and demand is fairly elastic, ED = - 1.5. Estimate the dead-weight loss as a percent of the tax revenue that this $4 tax generates in this market. Round to nearest whole percent. Submit your answer as XX% (i.e. if your answer is that DWL/Tax revenue = 0.05, put just '5' as your answer) Hint: use the respective burdens to determine P*, and the elasticity formulas, { = % Q to determine Q*, to then find DWL. %AP