Answer to Question #69235 in Microeconomics for amanda

Question #69235

Tax. Determine the SWL.
D: P = 440 - 2Q
S: P = 40 + 2Q
Tax: P = 80

Expert's answer

440-2Q=40+2Q
4Q=400
Q=100
SWL=P(tax)*Q=80*100=8000

Learn more about our help with Assignments: Microeconomics

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. Suppose city bus raised the bus fare by 7%. With the aid of a diagram under what condition the total
2. in early 2015 the price of condominium in singapore rose. in a demand and supply model, shifts in wh
3. Assume an economy produces only hamburgers and the base year is 2009. Quantity Produced P
4. What is per unit cost?
5. What is the total cost formula?
6. consider the following short run production function q=100 l-l^2. where q is the output level and l
7. A maize farmer produces using two inputs labour(L) and fertilizer(K) the farmers total cost function