Please answer fast 11: Given the demand and supply system:Pb = 53 - 5 Qb & Pv = 3 + 2 QvWith a specific tax of T^ = 4 , how much taxrevenue is generated ?%3D12: Given the demand and supply system:Pb = 53 - 5 Qb & Pv = 3 + 2 QvWith a specific tax of T^ = 4 , how muchdwl is generated ?

Given; Demand function; Pb=53-5Qb Supply function; Pv=3+2Qv At equilibrium:-…

11: Given the demand and supply system: Pb = 53 - 5 Qb & Pv = 3 + 2 Qv With a specific tax of T^ = 4 , how much tax revenue is generated ? 12: Given the demand and supply system: Pb = 53 - 5 Qb & Pv = 3 + 2 Qv With a specific tax of T^ = 4 , how much dwl is generated ?

11: Given the demand and supply system: Pb = 53 - 5 Qb & Pv = 3 + 2 Qv With a specific tax of T^ = 4 , how much tax revenue is generated ? 12: Given the demand and supply system: Pb = 53 - 5 Qb & Pv = 3 + 2 Qv With a specific tax of T^ = 4 , how much dwl is generated ?

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter3: Economic Decision Makers

Section: Chapter Questions

Problem 3.10P

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Please answer fast

11: Given the demand and supply system:
Pb = 53 - 5 Qb & Pv = 3 + 2 Qv
With a specific tax of T^ = 4 , how much tax
revenue is generated ?
%3D
12: Given the demand and supply system:
Pb = 53 - 5 Qb & Pv = 3 + 2 Qv
With a specific tax of T^ = 4 , how much
dwl is generated ?

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