Business, 02.08.2019 22:10 cuhh

Suppose that the short-run supply and demand for pineapples in a certain town are described by the following two equations: qs = 1,000, qd = 2,000−200p. pineapples are an imported produce in this market, so the government imposes a tax of $1 per pineapple. which of the following statements is true? a. the after-tax equilibrium is given by ps=5, pb=6 and qt= 1,000. b. the after-tax equilibrium is given by ps=4, pb=5 and qt= 1,000. c. the dead weight loss of this tax is zero. d. only (a) and (c) e. only (b) and (c)

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Suppose that the short-run supply and demand for pineapples in a certain town are described by the f...

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