Question
# of products Company makes Price per Product Profit for Company Govt. tax Govt. Profit 15,000 $185 $200,000 0 $0 8,000 $192 $39,000 14 $112,000
| # of products Company makes | Price per Product | Profit for Company | Govt. tax | Govt. Profit |
| 15,000 | $185 | $200,000 | 0 | $0 |
| 8,000 | $192 | $39,000 | 14 | $112,000 |
| 7,000 | $193 | $24,000 | 16 | $112,000 |
| 7,500 | $192.50 | $31,250 | t=15 | $112,500 |
1. For what value of t (tax) will the profit for the company and the government be in equilibrium?
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Finance And Industrial Policy
Authors: Giovanni Cozzi, Susan Newman, Jan Toporowski
1st Edition
0198744501, 978-0198744504
