Consider the demand and supply for strawberries to be given by Qd=10-0.33P and Qs = -6 + P, and the government imposes per unit tax of $T, such that a total government revenue of $32 is generated at a new equilibrium price of $18. What is the amount of the per unit tax in this case? Select one. O A. $8. O B. $1.77 C. $10 D. $12

Consider the demand and supply for strawberries to be given by Qd=10-0.33P and Qs = -6 + P, and the government imposes per unit tax of $T, such that a total government revenue of $32 is generated at a new equilibrium price of $18. What is the amount of the per unit tax in this case? Select one. O A. $8. O B. $1.77 C. $10 D. $12

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter6: Supply, Demand And Government Policies

Section: Chapter Questions

Problem 3CQQ

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