Deadweight loss = 1/2 x base x height = 1/2 x (6 - 2) x (20 - 10) = 2 x 10 = $ 20
Question 1 Tries remaining: 2 Points out of 7.70 2 $ $10 Stax $8 Flag question...
Question 11 Tries remaining: 2 Points out of 7.70 Stax Flag question $60 $40_ $20 2 4 6 8 10 Calculate the Tax Revenue that this per unit tax would generate. (Do not include a $ sign in your response. Round to the nearest two decimal places if necessary.) Answer Check
Question 12 Tries remaining:1 Points out of 7.70 S Tax $40 Flag question $30 $20 $10 2 4 尚 8 Calculate the Deadweight Loss that this per unit tax would generate. (Do not include a $ sign in your response. Round to the nearest two decimal places if necessary.) Answer: Check
Question 12 Tries remaining: 2 Points out of 7.70 S Tax $40 P Flag question $30 $10 2 4 6 8 Calculate the Deadweight Loss that this per unit tax would generate. (Do not include a $ sign in your response. Round to the nearest two decimal places if necessary.) Answer
Question 11 Tries remaining: 1 Points out of 7.70 S Tax $40 Flag question $30 $20 - $10 10 20 30 40 Calculate the Tax Revenue that this per unit tax would generate. (Do not include a $ sign in your response. Round to the nearest two decimal places if necessary.) Answer: Check
Question 10 Tries remaining: 2 Points out of 7.70 The demand for sugar is given by: D 610 -P. The supply of sugar is given by: Qs 10P -3570. The equilibrium quantity without a tax is 230 units. The government levies a $33 per unit tax on the suppliers of sugar. Calculate deadweight loss from this tax. P Flag question (Do not include a S sign in your response. Round to the nearest two decimal places if necessary.) Answer Check
Question 3 Tries remaining: 2 Points out of 7.70 Calculate the dollar amount of deadweight loss from the price ceiling. The demand for wheat is given by: Op- 137.5-0.25P. The supply of wheat is given by: Qs- 10P-170. Suppose the government imposes a a price ceiling of $25 Flag question (Do not include a $ sign in your response. Round to the nearest two decimal places if necessary.) Answer: Check
Question 11 Tries remaining: 2 Points out of 7.70 PFlag question S Tax $40 $30 $20 $10 10 20 30 40 Calculate the Tax Revenue that this per unit tax would generate. (Do not include a $ sign in your response. Round to the nearest two decimal places if Answer: Check
Question 10 Tries remaining: 2 quantity without a tax is 330 units. The government levies a $85 per unit tax on the suppliers of sugar. Points out of 7.70 Calculate deadweight loss from this tax. The demand for sugar is given by: aD 420-0.25P. The supply of sugar is given by: Qs- 4P-1110. The equilibrium Flag question(Do not include a S sign in your response. Round to the nearest two decimal places if necessary.) Answer: Check
Question 10 Tries remaining: quantity without a tax is 330 units. The government levies a $85 per unit tax on the suppliers of sugar. Points out of 7.70 The demand for sugar is given by: 420-0.25P. The supply of sugar is given by: Qs4P -1110. The equilibrium Calculate deadweight loss from this tax. F Flag question (Do not include a $ sign in your response. Round to the nearest two decimal places if necessary.) Answer: Check
Question 7 Tries remaining: 2 the suppliers. Points out of 7.70 Find the new supply function with the tax. Fill in the values below. P Flag question QSTAX 2P The supply of robotic welding machines is given by Qs- 2P -730. The government has levied a $275 per unit tax on (Round to the nearest two decimal places if necessary. Remember to include a negative sign if necessary.) Check