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Demand: P = 66 - 12 Q

Supply: P = 2 Q + 19

Tax is 32% on Supply

Find the Economic Incidence and the Dead Weight Loss.


Scroll all the way down to see the solutions

















































Dead Weight Loss: 4.5915520402469

Consumers Pay: 24.756118083665

Producers Pay: 4.1260196806108

Qmkt: 3.3571428571429

Qtax: 2.5472440944882