1 suppose the market demand and market supply curves are


1. Suppose the market demand and market supply curves are given by the equations:

Q^D= 200-P

Q^S+3P

2. Suppose that a tax of T is placed on buyers so that the demand curve becomes:

Q^D= 200-(P+T)

What will be the deadweight loss from this tax?

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Business Economics: 1 suppose the market demand and market supply curves are
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