equilibrium price and tax revenue after the imposition a per unit tax from Demand & Supply function

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ECON MATHS

ECON MATHS

Күн бұрын

Suppose the demand for burgers is given by Qd = 286-20P and the supply is Qs= 88+40P. if the
government imposes a per unit tax of 1.05, what is the
A. new equilibrium price and
B. tax revenue ?

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