Calculate Consumer Surplus, Producer Surplus, Total Surplus, Total Revenue, Tax, gain from trade, and Deadweight Loss under the following scenarios $($only some will apply in most scenarios$)$: $15.$ Initial equilibrium $16.$ Price floor of $160.17.$ Price ceiling of $160.$ Price floor of $44.18.$ Price ceiling of $44.19.$ Tax per unit of $45.20.$ Free trade with a world market price of $160.21.$ Free trade with a world market price of $4422.$ After trade with a world price of $44,$ impose a tariff of $36$ per unit $23.$ After trade with a world price of $44,$ impose a quota of $\backslash (8\mathrm{.}1\backslash )$ units.

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15 Initial equilibrium Consumer surplus Area under demand and above market price Producer surplus Ar... View the full answer