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Using the graph below for cases of microwave popcorn, calculate:
a. equilibrium price.
b. equilibrium quantity.
c. consumer surplus.
d. producer surplus.
Now suppose that the government imposes a fat tax $2 tax per case on the sellers of microwave popcorn. Show this on the graph and calculate each of the following after the tax is imposed:
e. price paid by buyers
f. price received by sellers
g. consumer surplus
h. producer surplus
i. government revenue
j. deadweight loss
Female Rappers
Women artists who perform in the rap genre, often addressing diverse themes and contributing to the evolution of the music industry.
Salt N Pepa
An iconic American hip-hop group from the 1980s, known for breaking barriers for women in rap music and for hits like "Push It" and "Shoop."
MC Lyte
An American rapper who gained fame in the late 1980s and early 1990s, known for her lyrical skills and as a pioneer in female hip hop.
Black Nationalism
A political and social movement advocating for the empowerment and self-determination of black people, often emphasizing pride in African heritage.
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