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Assume that the government imposed a tax size of AC in the above market. Calculate the
following. Make sure to show all the steps and in dollar amount NOT in alphabets.
1. Consumer surplus after tax
2. Producer surplus after tax
3. Tax revenue after tax
4. Total surplus after tax

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Assume that the government imposed a tax size of AC in the above marke.docx

  • 1. Assume that the government imposed a tax size of AC in the above market. Calculate the following. Make sure to show all the steps and in dollar amount NOT in alphabets. 1. Consumer surplus after tax 2. Producer surplus after tax 3. Tax revenue after tax 4. Total surplus after tax