Suppose that the government imposes a tax on cigarettes. Use the diagram below to answer the questions. D is the demand curve before tax, S is the supply curve before tax and S, is the supply curve...

b) calculate the consumer surplus before tax.

c) calculate the producer surplus before tax.

d) For the market for cigarettes with the tax. Indicate:
i) the tax
ii) price paid by consumers
iii) price received by producers
iv) Quantity of cigarettes sold

e (i) calculate the consumer surplus after the tax.
ii) calculate the producer surplus after the tax.
iii) Tax revenue
iv) Deadweight loss
v) Total surplus after tax

Extracted text: Suppose that the government imposes a tax on cigarettes. Use the diagram below to answer the questions. D is the demand curve before tax, S is the supply curve before tax and S, is the supply curve after the tax. Price 18 12 10 7 10 12 Qua (a) For the market for cigarettes without the tax. Indicate: (i) Price paid by consumers (ii) Price paid by producers (iii) Quantity of cigarettes sold (iv) Buyer's reservation price (v) Seller's reservation price