Business, 25.01.2021 21:10, coralstoner6793

Suppose the statutory incidence were instead on the consumers. Calculate the new equilibrium price and quantity in the market. In that case, the dollar portion of the $0.75/drink tax that is borne by consumers is $ . The dollar portion of the $0.75/drink that that is borne by producers is $ .

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Suppose the statutory incidence were instead on the consumers. Calculate the new equilibrium price a...