Suppose that bob places a value of $10 on a movie ticket and that lisa places a value of $7 on a movie ticket. in addition, suppose the price of a movie ticket is $5. 15. refer to scenario 12-2. suppose the government levies a tax of $3 on a movie ticket and that, as a result, the price of a movie ticket increases to $8. what is total consumer surplus after the tax is imposed?

Do it! review 16-3 the assembly department for right pens has the following production data for the current month. beginning work in process units transferred out ending work in process 0 22,500 16,000 materials are entered at the beginning of the process. the ending work in process units are 70% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs. materials conversion costs the equivalent units of production