For widgets, the supply curve is the typical upward-sloping straight line, and the demand curve is the typical downward-sloping straight line. a tax of $15 per unit is imposed on widgets. the tax reduces the equilibrium quantity in the market by 300 units. the deadweight loss from the tax is: a. $1,750. b. $2,250. c. $3,000. d. $4,500.

Down under products, ltd., of australia has budgeted sales of its popular boomerang for the next four months as follows: unit salesapril 74,000may 85,000june 114,000july 92,000the company is now in the process of preparing a production budget for the second quarter. past experience has shown that end-of-month inventory levels must equal 10% of the following month’s unit sales. the inventory at the end of march was 7,400 units.required: prepare a production budget by month and in total, for the second quarter.