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