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Q4 6.0 points possible (graded. results hidden) The Health Ministry is evaluating the data of the soft beverages market. Demand function: Q0 2 310 4P
Q4 6.0 points possible (graded. results hidden) The Health Ministry is evaluating the data of the soft beverages market. Demand function: Q0 2 310 4P Supply function: Q5 2 770 + 4P Submit answers in two decimal places if you get answers in decimals/fractions (a) Find the Total Surplus. The authority is concerned about the increasing obesity rate in the country. Hence, they have decided to impose a tax of TK 5 per unit on soft drinks. Submit answers in two decimal places if you get answers in decimals/fractions [b] What is the total of new consumer surplus and producer surplus after government intervention
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