Which policy would potential party-goers prefer? (Consider the marginal willingness to pay of various potential party-goers. Assume the party-goers care only about the consumer surplus. Select each correct answer.) Some potential party-goers would prefer the tax policy Some potential party-goers would prefer the license policy Some potential party-goers would be indifferent between the tax and license policies unanswered Which policy would potential hosts prefer? (Consider the marginal willingness to supply of various potential hosts. Assume the 50 licenses are allocated to the hosts with lowest MWTS. Assume the hosts care only about producer surplus. Select each correct answer.) Some potential hosts would prefer the tax policy Some potential hosts would prefer the license policy Some potential hosts would be indifferent between the tax and license policies unanswered Which policy does the city government prefer? (Assume that the city will spend $20 on average policing each party and that the city only cares about tax revenue less policing costs not producer surplus, consumer surplus, or deadweight loss.) The city would prefer the tax policy The city would prefer the license policy The city would be indifferent between the tax and license policies The city would prefer neither policy to either policy