Question: Suppose the demand for a product is given by P = 100 - 2Q. Also, the supply is given by P = 20 + 6Q.

Suppose the demand for a product is given by P = 100 - 2Q. Also, the supply is given by P = 20 + 6Q. If an $8 per-unit excise tax is levied on the buyers of a good, after the tax, the total amount of tax paid by the producers is

Group of answer choices

None of these

$72

$4

$81

$54

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