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Intercept of demand curve:142

Slope of demand curve:96

Demand curve is: P = 142 - 96Q

Intercept of supply curve:40

Slope of supply curve:43

Supply curve is: P = 40 + 43Q

Ad valorem tax(percentage):24%

Tax(decimal):0.24

Tax on:Demand

Find Tax, producers pay, consumers pay, and DWL.

Scroll all the way down to see the solutions

Quantity of market:0.73381294964029

Price of market:71.553956834532

Quantity after tax:0.61880525046879

Price after tax:66.608625770158

Total tax per unit:15.986070184838

Consumers pay:6.8320673367991

Producers pay:3.0601968279412

Deadweight loss:0.91926057537613