Consider the following competitive market for high-fat, high sugar meals. If the government imposes a $4 tax on these types of meals, what area represents the producer surplus that will transfer from sellers to the government? Note: We're only looking for the producer surplus that is transferred to the government, not the total amount of producer surplus that is lost from the tax. a. E+F+G b. F+G+I c. E+H+J d. J e. None of the above Price (dollars/unit) $10- S₁ A 8 D B C E F G 6 H | D₁ 4 J ° 200 F8 400 600 800 1000 Quantity

Consider the market for mountain bikes. The following graph shows the demand and supply for mountain bikes before the government imposes any taxes. First, use the black point (plus symbol) to indicate the equilibrium price and quantity of mountain bikes in the absence of a tax. Then use the green point (triangle symbol) to shade the area representing total consumer surplus (CS) at the equilibrium price. Next, use the purple point (diamond symbol) to shade the area representing total producer surplus (PS) at the equilibrium price.   (screen shot 1)   Suppose the government imposes an excise tax on mountain bikes. The black line on the following graph shows the tax wedge created by a tax of $80 per bike. First, use the tan quadrilateral (dash symbols) to shade the area representing tax revenue. Next, use the green point (triangle symbol) to shade the area representing total consumer surplus after the tax. Then, use the purple point (diamond symbol) to shade the area…

At 10 million hours, what areas make up the total economic surplus in this market?

Ryan would be willing to pay $1 for a lollipop. Sarah would be willing to pay $0.50. The price of the lollipop is $0.75. What is Ryan and Sarah's combined consumer surplus? a. $0 b. $0.25 c. $0.50 d. $0.75 Can someone please explain to me why the correct answer here is $0.25? I did the calculations and i keep getting $0 the follwing is my calculations