Business, 29.03.2020 02:38, lenaaemersonn2

Suppose that the U. S. government decides to charge wine producers a tax. Before the tax, 40,000 bottles of wine were sold every week at a price of $7 per bottle. After the tax, 34,000 bottles of wine are sold every week; consumers pay $10 per bottle, and producers receive $4 per bottle (after paying the tax).

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Suppose that the U. S. government decides to charge wine producers a tax. Before the tax, 40,000 bot...