This preview shows page 1. Sign up to view the full content.
Unformatted text preview: ______________. How much revenue will the sales tax raise? ______________. c) The tax decreases consumption by? ____________. d) What is the consumer surplus before the tax? _________________; after the tax? _______________. What is the producer surplus before the tax? ____________; after the tax? _______________. What is the dead weight loss associated with the tax? ____________________....
View Full Document
- Fall '09
- Producer Surplus