P Flag question Figure 2 Trice Sitert 1 2 4 6 8 10 12 14 16...

Question

Question

business economics

Answer 1

Answer #1

With the tax, the quantity = 8

the price paid by consumers = 7

the price received by producers = 4

Revenue = 8*(7-4) = 24

option(A)

Answer 2

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