Please solve why the answer is 90. QUES'iO 11 A firm operates in a market with perfect

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Please solve why the answer is 90.

QUES'iO\" 11 A firm operates in a market with perfect competition and no government influence. The Incorrect price of the good is 20. The firm has total costs Mark 0.0 out of 1 0 1 2 V Remove fiag Then one day the government introduces a production tax of 8 (per item sold}. As a result, the price increases to 22. By how much does the profit of the firm drop (write in unsigned absolute value, for instance 5, not 5 nor 40%) ? Answer: 25 x The correct answer is: 90

Posted Date: Jun 20, 2024 08:05 PM

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Please solve why the answer is 90. QUES'iO 11 A firm operates in a market with perfect

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