Using the Graph Shown,determine Each of the Following

question 35

Short Answer

Using the graph shown,determine each of the following:
a.equilibrium price before the tax
b.consumer surplus before the tax
c.producer surplus before the tax
d.total surplus before the tax
e.consumer surplus after the tax
f.producer surplus after the tax
g.total tax revenue to the government
h.total surplus after the tax
i.deadweight loss

---

Definitions:

Cardiac Center

A region of the brainstem responsible for regulating the rate and force of the heartbeat.

Vasomotor Center

A regulatory area in the brain responsible for controlling blood vessel diameter and thus blood pressure.

Respiratory Center

A region in the brainstem involved in the control of breathing.

Pons

A part of the brainstem involved in relaying signals between the brain and spinal cord, as well as controlling functions like sleep and respiration.