Question: Hello. I need help with this exercise and completed, step by step so I can understand the homework. Please. 8. 8. Find the excise tax
Hello. I need help with this exercise and completed, step by step so I can understand the homework. Please.
8. 8. Find the excise tax t that will maximize total tax revenue T in the following market: Qp = 300 - 3p Qs =-20+ P Compute the maximum tax revenue and verify that you have found the maximum
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