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Original Demand: P = 834 + (-9 Q)
Original Supply: P = 113 + 9 Q
An ad valorem tax of 21% is on supply.
After-tax Demand: P = 834 + (-9 Q)
After-tax Supply: P = 143.03797468354 + 11.392405063291 Q
Market price: P = 473.5
Market quantity: Q = 40.055555555556
Taxed price: P = 529.05027932961
Taxed quantity: Q = 33.88330229671
Total tax consumer pay: 1882.2269071918
Total tax producer pay: 1882.2269071918
Dead weight loss: DWL = 342.87039262195