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Intercept of demand curve:115

Slope of demand curve:83

Demand curve is: P = 115 - 83Q

Intercept of supply curve:13

Slope of supply curve:92

Supply curve is: P = 13 + 92Q

Ad valorem tax(percentage):20%

Tax(decimal):0.2

Tax on:Supply

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

Scroll all the way down to see the solutions

Quantity of market:0.58285714285714

Price of market:66.622857142857

Quantity after tax:0.49873737373737

Price after tax:73.604797979798

Total tax per unit:14.72095959596

Consumers pay:3.4821548366056

Producers pay:3.8597378911773

Deadweight loss:0.61916186121679