Some consumers lobby the government to convince law makers to impose price ceilings, what are the expected results of price ceiling (choose ALL applies) - Producer Surplus increases - Consumer Surplus increases - Consumers buy at prices lower than producer costs of production. - Consumer earn more income. - Total Surplus increases

(Don't copy the answer)The current conflict in Ukraine has prompted talk of a possible embargo on gas produced in Russia. Using diagrams, explain the likely effect that such an embargo would have on a) the market price for gas. b) the price charged to consumers by an energy company who purchases gas in the open market and provides it to UK consumers, focusing on the case where the energy market in UK is perfectly competitive. How will consumer and producer surplus be affected? c) the price charged to consumers by a monopoly energy company who purchases gas in the open market and provides it to UK consumers (hence, focusing on the case where the energy market in UK is composed of a single firm). d) Some commentators have proposed that the UK government should charge a per-unit tax to energy companies and redistribute the tax income to the British public to offset some of the negative effects of the current energy shock. What do you think would be the effect of this scheme in the case of…

PRICE Graph (a) QUANTITY Supply Price Ceiling Demand PRICE both graph (a) and graph (b). Oneither graph (a) nor graph (b). graph (a) only. Ograph (b) only. Graph (b) Refer to Figure 2. A non-binding price ceiling is shown in -supply Prick Chino

1-3 please

Which government policy measure would reduce the price of a product and increase the quantity traded in the market? Pick a,b,c or d a. The setting of a maximum price  b. The setting of a minimum price  c. The imposition of a tax d. The granting of subsidy

2- The demand curve for a good is q = 100 p/c where c is a constant and c ≥ 0. The supply curve for the good is q=10+p. A quantity tax of t=$10 per unit is imposed on this product. a. By how much will the price of the product rise? b. What are the maximum and minimum possible changes in price? C. What is the producer's share of the tax? d. Find the elasticity of demand at p=10. (Assuming c≥ 0.1).

ar ne fore my coule, midicate which statements art Of Tan Dased on the mor provided on the previous graph. Statement Assuming each seller receives a positive surplus, Manuel will always receive less producer surplus than Poornima. Producer surplus is smaller when the price is $105 than when it is $75. In order for Caroline to earn a producer surplus of exactly $45 from selling a used scooter, the market price must be True False O O