Question: Question Consider the following supply and demand functions in a market: p=12-2Q D Function. p=2Q 5 Function Suppose the government imposes a tax rate t*=4

 Question Consider the following supply and demand functions in a market:

p=12-2Q D Function. p=2Q 5 Function Suppose the government imposes a tax

Question Consider the following supply and demand functions in a market: p=12-2Q D Function. p=2Q 5 Function Suppose the government imposes a tax rate t*=4 on demand. Compute the producer surplus (after tax t" is imposed) (Enter your answer to one integer. For "8", you would write 8)

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