Complete the following table, given the information presented on the graph. Result Price consumers pay after tax Per-unit tax Equilibrium quantity before tax $ 999 Value In the following table, indicate which areas on the previous graph correspond to each concept. Check Concept Deadweight loss after the tax is imposed Producer surplus after the tax is imposed Consumer surplus before the tax is imposed A 00 C 0 D E 00 MacBook Pro F 000 C

Suppose that the government imposes a per-unit tax on cell phones. The tax is imposed on producers of cell phones and the amount of the tax is $50 per cell phone. The following graph shows the effect of the tax. Use the graph to answer the following questions. a) How much of the tax per cell phone is paid by producers? How much of the tax per cell phone is paid by consumers? b) How much tax revenue (in total) does the government collect from the tax imposed on cell phones? c) What is the amount of the deadweight loss due to the presence of the tax on cell phones?

PRICE (Dollars per handbag) 500 450 400 350 300 250 200 150 100 50 0 0 Demand Tax Wedge 160 320 480 640 800 960 1120 1280 1440 1600 QUANTITY (Handbags) Consumer Surplus Producer Surplus After Tax Tax Revenue + Supply Deadweight Loss Before Tax (Dollars) Complete the following table by using the previous graphs to determine the values of consumer and producer surplus before the tax, and consumer surplus, producer surplus, tax revenue, and deadweight loss after the tax. Note: You can determine the areas of different portions of the graph by selecting the relevant area. 0 0 Tax Revenue After Tax (Dollars) A Consumer Surplus Producer Surplus Deadweight Loss Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

A5

On the following graph, use the black curve (plus symbols) to illustrate the deadweight loss in these cases. (Hint: Remember that the area of a triangle is equal to x Base × Height. In the case of a deadweight loss triangle found on the graph input tool, the base is the amount of the tax and the height is the reduction in quantity caused by the tax.) 2400 2160 1920 Deadweight Loss 1680 1440 1200 960 720 480 240 10 20 30 40 50 60 70 80 90 100 TAX (Dollars per bottle) As the tax per bottle increases, deadweight loss DEADWEIGHT LOSS (Dollars)

Please assist with the following questions 1. Calculate the  (i)  consumer surplus BREFORE THE TAX  (ii) producers surplus BEFORE THE TAX 2. For the market of cigarettes WITH THE TAX please indicate  (i) the tax  (ii) price paid by consumers  (iii) price received by producers  (iv) Quantitiy of cigarettes sold   thank you

The following graph represents the demand and supply for pinckneys (an imaginary product). The black point (plus symbol) indicates the pre-tax equilibrium. Suppose the government has just decided to impose a tax on this market; the grey points (star symbol) indicate the after-tax scenario. Demand Supply A 16, 18 21.00 18.00- D E 15.00 F 12 16 QUANTITY (Pinckneys) PRICE (Dollars per pinckney)

I need help with a few calculations if possible please? Calculate the producer surplus before the tax. Calculate the consumer surplus after the tax. Calculate the producer surplus after the tax. Tax revenue Deadweight loss Total surplus after tax

Doyle and Samphantharak (2008) find that when a 5% gas tax is implemented, prices consumers pay for gas increase by about 4%. What role does demand elasticity play in determining the size of this price change? That is, under what demand elasticity cases would the price change be closer to 5%, or closer to 0%? Illustrate and explain using supply-and-demand graph(s)..

The accompanying graph depicts a hypothetical market for salt. Suppose that an excise or commodity tax is levied on consumers in an attempt to curb blood pressure problems. Show the effect of the tax by shifting the appropriate curve(s). Macmillan Learning Who has the larger tax burden? Consumers (buyers) Producers (suppliers) The tax burdens are equal Why is the tax burden as you described in in the question above? Consumers are the ones paying the tax. Demand is less elastic than supply. Both supply and demand are perfectly elastic. Supply is less elastic than demand. Demand is more elastic than supply. Price (S/kilogram) 9 3 Market for Salt D 4 5 Quantity (in kilograms). S 10