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Please help i dont know how to do the economic math for this 10 30 LE Babe Perfect 20 ed TO CALCULATIONS 0 10 20
Please help i dont know how to do the economic math for this
10 30 LE Babe Perfect 20 ed TO CALCULATIONS 0 10 20 10 D 50 0.0 70 80 90 Quantity (thousand per week) Price Quy No $50.00 4,000 w $50.00 4,000 Instructions Adjust the sliders so that the vertical intercept of the supply curve is $36.00 and the vertical interceptis 58100 for the demand curve Assume there is initially no tax, and that a $8.00 taxis being proposed by policymakers Report all answers to two decimal places w Calculate the total amount of surplus that consumers would lose if the tox was implemented. S b) Calculate the total amount of surplus that producers would lose if the tax was implemented SL How much of the total losses for consumers and producers are recovered as government tax revenue! $ ch is there any surplus lost by either consumers dit producers that is not recovered as reyenue? Chok to set LE yo no not enough information) 10 30 LE Babe Perfect 20 ed TO CALCULATIONS 0 10 20 10 D 50 0.0 70 80 90 Quantity (thousand per week) Price Quy No $50.00 4,000 w $50.00 4,000 Instructions Adjust the sliders so that the vertical intercept of the supply curve is $36.00 and the vertical interceptis 58100 for the demand curve Assume there is initially no tax, and that a $8.00 taxis being proposed by policymakers Report all answers to two decimal places w Calculate the total amount of surplus that consumers would lose if the tox was implemented. S b) Calculate the total amount of surplus that producers would lose if the tax was implemented SL How much of the total losses for consumers and producers are recovered as government tax revenue! $ ch is there any surplus lost by either consumers dit producers that is not recovered as reyenue? Chok to set LE yo no not enough information) Step by Step Solution
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