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3. Refer to the graph provided. Assume the government has imposed an excise tax of $60 on producers in this market. Price $120 90 60 30 D 0 1,000 2,000 3,000 Quantity a. What quantity will be sold in the market? 4 b. What price will consumers pay in the market? 4 c. By how much will consumer surplus change as a result of the tax? 4 d. By how much will producer surplus change as a result of the tax? 4' e. How much revenue will the government collect from this excise tax? 3' f. Calculate the deadweight loss created by the tax. 6