Business
Business, 29.01.2021 14:50, katelynnjoyce1

Suppose Suzuki has the following demand and supply function for Cultus VXL: Qd = 55 - 5P Qs = -50 + 10P After the government decided to impose tax on the production of Cultus VXL, the new supply function: Qs = -60 + 10P Given the information above answer the following questions: Find out the equilibrium price and quantity before tax. Find consumer and producer surplus before tax. Determine government revenue and dead weight loss after tax.

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Suppose Suzuki has the following demand and supply function for Cultus VXL: Qd = 55 - 5P Qs = -50 +...

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