Business, 09.10.2019 22:20, Paigex3

Ken places a $20 value on a cigar, and mark places a $17 value on it. the equilibrium price for this brand of cigar is $15. suppose the government levies a tax of $3 on each cigar, and the equilibrium price of a cigar increases to $18. how much consumer surplus will be lost because of the imposition of the tax relative to the consumer surplus when there is no tax?

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Ken places a $20 value on a cigar, and mark places a $17 value on it. the equilibrium price for this...