Consider a Perfectly Competitive Market with Market Supply $Q ^ { s } = - 2 + P$

Multiple Choice

Consider a perfectly competitive market with market supply $Q ^ { s } = - 2 + P$ and market demand $Q ^ { d } = 30 - P$ . Suppose the government imposes an excise tax of $4 per unit on this market. What is total surplus (consumer surplus plus producer surplus) after the government imposes the tax?

A) 72
B) 98
C) 144
D) 196