QD = 160 -5P QS = -11 + 4P In addition, the government imposed a $3.00 tax on the buyer. Calculate the following: (d) Producer surplus after the tax. (e) Deadweight loss. (f) Government revenue

Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter2: The One Lesson Of Business
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QD = 160 -5P

QS = -11 + 4P

In addition, the government imposed a $3.00 tax on the buyer.

Calculate the following:

(d) Producer surplus after the tax.

(e) Deadweight loss.

(f) Government revenue.

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