Use the following graph to answer the following questions:…

Use the following graph to answer the following questions: Untitled.jpg The Price for this market is $[BLANK-1] and the quantity is [BLANK-2] units.  Consumer Surplus for this market is $[BLANK-3]. Producer Surplus for this market is $[BLANK-4]. Total Surplus for this market is $[BLANK-5]. Now assume the government implements a $3 per unit tax.  The new price for the consumer will be $[BLANK-6] and the new price for the producer will be $[BLANK-7]. Consumer surplus for this market is now $[BLANK-8]. Producer surplus for this market is now $[BLANK-9]. The government will collect $[BLANK-10] in tax revenue.  This tax has created a dead weight loss of $[BLANK-11].  The [BLANK-12] (producers or consumers) will pay most of this tax. 

Fill in the following COST TABLE: ONLY NUMBERS! NO COMAS! NO…

Fill in the following COST TABLE: ONLY NUMBERS! NO COMAS! NO SYMBOLS! ROUND TO THE NEAREST WHOLE NUMBER!    Output  Variable Cost  Total Cost  AFC  AVC  ATC  Marginal Cost   0  [BLANK-1]  $1,080  —-  —-  —-  —-   1  $400   $1,480   [BLANK-2]  [BLANK-3]  [BLANK-4]  $400    2  [BLANK-5]  [BLANK-6]  [BLANK-7]  [BLANK-8]  $965   $450    3  $1,350   $2,430   [BLANK-9]  [BLANK-10]  [BLANK-11]  $500    4  $1,900   [BLANK-12]  [BLANK-13]  $475   [BLANK-14]  [BLANK-15]   5  $2,500   [BLANK-16]  $216   [BLANK-17]  [BLANK-18]  [BLANK-19]   6  [BLANK-20]  $4,280   [BLANK-21]  [BLANK-22]  [BLANK-23]  $700