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Suppose that a lumberproducing firm had a demand for the ability to burn sawdust given by: Q = 65 - 2P. Where Q is amount
Suppose that a lumberproducing firm had a demand for the ability to burn sawdust given by: Q = 65 - 2P. Where Q is amount of sawdust burned when the firm has to pay price (P) per unit of sawdust burned. Calculate the tax revenue if there is a per unit tax of $15 per unit of sawdust burned. {Do not include a 15' sign in your response. Round to the nearest 2 decimai places if necessary.) Answer: Check
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