March 24, 2017

Post a New Question

Posted by on Saturday, November 12, 2011 at 9:37am.

Suppose that the equilibrium quantity in the market for widgets has been 200 per month. Then a tax of $5 per widget is imposed on widgets. The price paid by buyers increases by $2 and the after-tax price received by sellers falls by $3. The government is able to raise $750 per month in revenue from the tax. The deadweight loss from the tax is

  • Economics - , Saturday, November 12, 2011 at 9:41am

    Try some of the following links for information on deadweight loss:


  • Economics - , Wednesday, September 16, 2015 at 10:22pm


Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions

Post a New Question