On the graph, identify the areas of deadweight loss due to over production (DWLP), deadweight loss due to lost consumption (DWLC), the change in producer (PS), and tariff revenues (TR), and then calculate those values, plus the change in consumer surplus. Please enter all answers as a positive integer. Deadweight loss due to over production: $ Deadweight loss due to less consumption: $ Change in producer surplus: $ Tariff revenue: $ Change in consumer surplus: $ Price ($) 20 19 DWLP DWLC PS TR Supply 18 17 16 15 14 13 12 11 10 9 8 World price + tariff 7 6 5 4 World price 3 2 Demand 1 0 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Quantity

Use the following graph to answer the question: how much is producer surplus? What is the total value to consumers of consuming the first ten units of this good?

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ng.cengage.com CENGAGE MINDTAP Chapter 08 Homework First, use the black point (plus symbol) to indicate the equilibrium price and quantity of electric scooters 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. PRICE (Dollars per scooter) 300 270 Demand 240 210 180 150 120 90 Supply 60 30 Before Tax 0 0 140 280 420 560 700 840 980 QUANTITY (Scooters) 1120 1260 1400 Equilibrium A Consumer Surplus Producer Surplus Suppose the government imposes an excise tax on electric scooters. The black line on the following graph shows the tax wedge created by a tax of $120 per scooter. 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…

Need help with this. Please show where to put the colored points THank you!

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Answer the following questions based on the graph that represents Kyle's demand for ribs per week at Big Ed's Barbecue. f. If the price of ribs rose to $10, what would happen to Big Ed's producer surplus? g. What is the total surplus in this market at a price of $10? h.  If the price of ribs fell to $5, what would be Kyle's consumer surplus?      j.  What is the total surplus in this market at a price of $5?

If the deadweight loss in the market represented by the graph is $1,400, what is the actual economic surplus?

History Bookmarks Profiles ●●● STUDY NOTES Tab Window Help Ü 0 Aa & O December 5, 2022 at 7:04 AM Find t nd the consumers' surplus and the producers' surplus at the equilibrium level for the given price-demand and price-supply equations. Include a graph that identifies the consumers surplus and the producers' surplus. Round all values to the nearest integer p=D(x) 40.4-0.06x; p= S(x)=14+0.05x The value of x at equilibrium is. The value of p at equilibrium is $. The consumers' surplus at equilibrium is $ » Q The producers' surplus at equilibrium is $. 2048 tv A Ojason

What is the value of consumer surplus? What is the value of producer surplus?