Basic Skills > Finding a Market Equilibrium

Check Your Work 2

Here are the final answers so you can check your work. With the tax in place:

P = $89
Q = 20
Revenue = $180

Without the tax:

P = $84
Q = 21

The DWL due to the tax is $4.50.

Site Index | Zoom | Admin
URL: https://wilcoxen.maxwell.insightworks.com/pages/2301.html
Peter J Wilcoxen, The Maxwell School, Syracuse University
Revised 10/24/2011