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Question 46 (2 points) Listen Considering the following scenario for market of computer. Before government tax, the equilibrium price for computer was $1,080 and
Question 46 (2 points) Listen Considering the following scenario for market of computer. Before government tax, the equilibrium price for computer was $1,080 and quantity was 215. After tax, buyers pay a new price of $1,400, and sellers receive price of $960. Also the new quantity is reduced to 150. How much is the tax for each computer in this market? Your Answer: Answer Question 47 (2 points) Listen Considering the following scenario for market of computer. Before government tax, the equilibrium price for computer was $1,200 and quantity was 210. After tax, buyers pay a new price of $1,460, and sellers receive price of $880. Also the new quantity is reduced to 150. How much is the total tax paid by all buyers in this market? Your Answer: Answer
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