Answer Happy

Question 7 1 pts Consider the graph below, which shows the effects of a tax on a particular good. What area represents producer surplus AFTER the tax is instituted? А Spy 20 36 14 c 30 D H 5+ 4 1 M 3 6 9 12 15 18 21 24 27 30 33 36 39 Quantity ОА OA + B + C OBD O C+ F OD+F+)
D Question 8 1 pts Consider the graph below, which shows the effects of a tax on a particular good. How much TOTAL tax revenue does the government collect from this tax? Price Supply w/Tax >> А Supply 5 $ 24 22 20 IS 16+ 14 12 10 8 6+ 4+ 2+ с D H G K K L M Demand 3 6 9 12 15 18 21 24 27 30 33 36 39 Quantity Enter the number below. Do not include a dollar sign.