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Demand: P = 84 - 20 Q

Supply: P = 2 Q + 6

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: 0.79320064550834

Consumers Pay: 17.599139322216

Producers Pay: 1.7599139322216

Qmkt: 3.5454545454545

Qtax: 3.2769230769231