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Refer to the figure below. Assume that the equation of Dx is P = 50 - 2Xd. Marginal excess burden Po + 4 X X

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Refer to the figure below. Assume that the equation of Dx is P = 50 - 2Xd. Marginal excess burden Po + 4 X X per year (A) If the original price of the good was $10 and a $4 tax was imposed, what is the tax income? What Is the excess burden? (B) How much marginal excess burden will be created if an additional dollar of tax is levied? (C) How much additional tax is collected

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