Question 22 Let Q be quantity of beer (in packs) consumed in the US. Assume beer consumption imposes a negative externality of $30 per pack. The private demand for beer is P=150-2Q while the private...


Question 22<br>Let Q be quantity of beer (in packs) consumed in the US. Assume beer consumption imposes a negative externality of $30 per pack. The private demand for beer is P=150-2Q while the private supply curve is P=Q. If the government impose a $30 tax per pack<br>what is the change in total surplus from before to after the imposition of the tax.<br>-$150<br>beer,<br>$150<br>O $1.350<br>o 51,350<br>

Extracted text: Question 22 Let Q be quantity of beer (in packs) consumed in the US. Assume beer consumption imposes a negative externality of $30 per pack. The private demand for beer is P=150-2Q while the private supply curve is P=Q. If the government impose a $30 tax per pack what is the change in total surplus from before to after the imposition of the tax. -$150 beer, $150 O $1.350 o 51,350

Jun 10, 2022
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