Suppose demand for comedy show tickets is given by P = 50 - Q and the supply
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Suppose demand for comedy show tickets is given by P = 50 - Q and the supply for comedy show tickets is given by P = 10 + 4Q. Suppose a tax of $10 is levied. What will be the revenue per ticket received by the venue (producers) after the tax?
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Related Book For
Managerial economics
ISBN: 978-1118041581
7th edition
Authors: william f. samuelson stephen g. marks
Posted Date: