Suppose that the government imposes a 5 excise tax on each
Suppose that the government imposes a $5 excise tax on each case of beer. The beer industry faces the following demand and supply curves before tax.
Qd=100-3P
Qs=20+2P
How much tax revenue does the government recieve?
Please show ALL of your work.
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suppose that the government imposes a 5 excise tax on each case of beer the beer industry faces the following demand
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