Question: first question : Market demand is given as Q = 140 - 4P Market supply is given as Q = 2P - 10 Suppose the

first question :

first question : Market demand is given as Q = 140 -4P Market supply is given as Q = 2P - 10 Supposethe government implements a tax of $9 on consumers. What is the

Market demand is given as Q = 140 - 4P Market supply is given as Q = 2P - 10 Suppose the government implements a tax of $9 on consumers. What is the value of consumer surplus after the tax? O a) $200 Ob) $126 O c) $98 Od) $196Market demand is given as QU = 140 - 4P Market supply is given as QS = 2P - 10 Suppose the government implements a tax of $9 on consumers. What is the change in consumer surplus as a result of the tax? ( a) $204 ( b) $252 O c) $102 O d) $196Market demand is given as QU = 140 - 4P Market supply is given as Q = 2P - 10 Suppose the government implements a tax of $9 on consumers. What is the value of total surplus after the tax? ( a) $600 Ob) $546 O c) $294 ( d) $400

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