Price per dozen Dozens of doughnuts Dozens of doughnuts demanded supplied $5.00 12,000 24,000 4.25 15,000 21,000 3.50 18,000 18,000 2.75 21,000 15,000 2.00 25,000 10,000 10. Suppose that a tax of $1.50 per dozen is levied by the government on producers. What is the new equilibrium quantity? What is the new equilibrium price?
demanded supplied
$5.00 12,000 24,000
4.25 15,000 21,000
3.50 18,000 18,000
2.75 21,000 15,000
2.00 25,000 10,000
10. Suppose that a tax of $1.50 per dozen is levied by the government on producers.
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