Price, Pt ps subsidy Pe subsidy pB Subsidy S Per unit subsidy D Quantity, Q QE Qsubsidy Look at the figure above where a subsidy has been imposed on the good. What does a subsidy do? ( Does it lead to a deadweight loss? Why or why not? Show/explain this - you may attach images if it's easier. (

Suppose that a $20 subsidy is implemented into the market depicted below. Answer the questions that follow. price 100 80 60 40 20 20 40 60 80 100 What is the price that consumers pay after the subsidy is implemented? a. 80 O b. 50 c. 40 d. 60 Supply Demand 120 140 quantity

Price 27.5 CHOKRESE DEDELS 85 80 75 70 65 60 55 50 45 40 35 30 25 20 15 10 5 Supply Demand 5 10 15 20 25 30 35 40 45 50 55 60 65 70 Quantity Refer to the figure. When the price falls from $45 to $35, consumer surplus increases by $100 from new consumers entering the market. O increases by $50 from new consumers entering the market. increases by $50 from consumers who were already buying the good now paying a lower price. decreases by $50 from consumers who were already buying the good now paying a lower price.

36 Social Cost 30 30 24 24 18 PRICE (Dollars per unit) 2 6 Supply Demand H 100 200 300 400 500 600 QUANTITY (Units of plastic) Refer to Figure 10-6. In order to reach the social optimum, the government could O impose a tax of $3 per unit on plastics. impose a tax of $9 per unit on plastics. O impose a tax of $12 per unit on plastics. Ooffer a subsidy of $9 per unit on plastics.

© Macmillan Learning The table contains the maximum willingness to pay of five college students wanting to buy a tablet on Amazon. Student Willingness to pay Anthony $500 Amanda $400 Lily $300 Francisco $200 Max $100 What is total consumer surplus for the five students? If the price increases from $300 to $500, what is the change in total consumer surplus? SA SA

Do not use Ai and chatgpt

Consider the supply and demand curves for taxi rides in the attached graph. At the equilibrium quantity of_____ Consumers marginal willingness to pay is______and the marginal cost of taxi rides is______per mile.

1. Here is the demand for coconuts: P              3             4             5            6           7           8           9           11           13           16           20 QD          1100      1000      900      800      700      600      500        400        300        200        100 And here is supply P              3             4             5             6             7            8            9            10          11           12             13 QS           100        200        300        400        500        600        700        800        900        1000       1100 Identify the equilibrium price, quantity, consumer and producer surplus and show them on a graph.  The graph should be pretty simple here, the main issue is finding the numbers for consumer and producer surplus.

1. The demand and supply of apartments in Vancouver are given by (Demand) P = 1200 – 2Q and (Supply) P = 2Q. (a) Find the equilibrium price P * and quantity Q* . Compute the consumer surplus and producer surplus.

Click on the icon to read the news clip, then answer the following questions. The graph shows the market for milk in Venezuela when a price control is in effect. Draw a shape that represents: 1) consumer surplus. Label it CS. 2) producer surplus. Label it PS. 3) the deadweight loss. Label it DWL. Also draw a shape that show the resources lost from time spend in line. Label it Loss. Moving from a milk market with no price controls to a milk with price controls consumer surplus and producer surplus. OA. increases; increases OB. increases; decreases OC. decreases; increases OD. decreases; decreases In the market for cheese, OA. consumer surplus decreases and producer surplus decreases 60- 50- 40- 30 20- 10- Price (bolivars per gallon) 0 40 $ 300 200 300 400 500 600 700 Quantity (gallons of milk) >>> Draw only the objects specified in the question. 100 Price control D Next SOU