the tax of $6 per unit ,the price that consumers will pay is $10 and quantity sold is Q=20 Question 35 Refer to the Figure 2-1 . What is producer surplus after the tax? You can answer this in one (or...


the tax of $6 per unit ,the price that consumers will pay is $10 and quantity sold is Q=20




Question 35



Refer to the
Figure 2-1
. What is producer surplus after the tax?



You can answer this in one (or more) of the following ways:



  1. Paste a picture or drawing of where to visually find the producer surplus on the graph.

  2. Describe in words where on a graph you would find producer surplus (ex:  in relation to supply curve, demand curve, above or below or between certain price or quantities)

  3. Calculate the producer surplus numerically.

  4. Describe conceptually what the producer surplus is in this context.






Figure 2-1<br>20 Trice<br>18<br>16<br>14<br>12<br>10<br>6.<br>4<br>D<br>10 20 30 40 50 60 70 80 quantity<br>

Extracted text: Figure 2-1 20 Trice 18 16 14 12 10 6. 4 D 10 20 30 40 50 60 70 80 quantity

Jun 10, 2022
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