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The new outcome (quantity) in this market is: 30 thousand cheeseburgers. The new price is: $ 0.8 . b. $ 0.3 of the tax burden
The new outcome (quantity) in this market is: 30 thousand cheeseburgers. The new price is: $ 0.8 . b. $ 0.3 of the tax burden is borne by consumers, and $ 0.3 of the tax burden is borne by suppliers. Instructions: In parts c-e, enter your answers as a whole number. c. The deadweight loss associated with the proposed tax is $ 18 . d. The government will collect $ 90 in revenue. e. The loss of consumer surplus from this tax is $ 11.25
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