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Demand: P = 87 - 16 Q

Supply: P = 4 Q + 18

Tax is 15% on Supply

Find the Economic Incidence and the Dead Weight Loss.


Scroll all the way down to see the solutions

















































Dead Weight Loss: 0.73453318698347

Consumers Pay: 13.785201446281

Producers Pay: 3.4463003615702

Qmkt: 3.45

Qtax: 3.1789772727273