Price 20 15 10 5 0 Qd 0 4 8 12 16 Qs The producer surplus with a $18 price floor is places). The tax revenue with a $10 tax is 8642 0 The consumer surplus without government intervention is decimal places). (round to two (round to two decimal (round to two decimal places).

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter6: Supply, Demand And Government Policies
Section: Chapter Questions
Problem 5CQQ
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Price
20
15
10
5
0
Qd
0
4
8
The consumer surplus without government intervention is
decimal places).
The producer surplus with a $18 price floor is
places).
Blank # 2
12
16
The tax revenue with a $10 tax is
Blank # 11
Blank # 3
Next Page
Qs
8
6
4
2
0
N
N
N
(round to two
(round to two decimal places).
(round to two decimal
Page 8 of 14
Transcribed Image Text:Price 20 15 10 5 0 Qd 0 4 8 The consumer surplus without government intervention is decimal places). The producer surplus with a $18 price floor is places). Blank # 2 12 16 The tax revenue with a $10 tax is Blank # 11 Blank # 3 Next Page Qs 8 6 4 2 0 N N N (round to two (round to two decimal places). (round to two decimal Page 8 of 14
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