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Intercept of demand curve:180
Slope of demand curve:45
Demand curve is: P = 180 - 45Q
Intercept of supply curve:22
Slope of supply curve:29
Supply curve is: P = 22 + 29Q
Ad valorem tax(percentage):43%
Tax(decimal):0.43
Tax on:Supply
Find Tax, producers pay, consumers pay, and DWL.
Scroll all the way down to see the solutions
Quantity of market:2.1351351351351
Price of market:83.918918918919
Quantity after tax:1.4748398902104
Price after tax:113.63220494053
Total tax per unit:48.861848124428
Consumers pay:43.822339493905
Producers pay:28.241063229405
Deadweight loss:16.131622987397