Question: Suppose the market demand function for ice cream is Q= 10 - 2P and the market supply function for ice cream is @ = 4P-

Suppose the market demand function for ice cream is Q= 10

Suppose the market demand function for ice cream is Q= 10 - 2P and the market supply function for ice cream is @ = 4P- 2, both measured in millions of gallons of ice cream per year. Suppose the government imposes a $0.50 tax on each gallon of ice cream. The government revenue raised by the tax is: awarded Multiple Choice ored Book O $2.67 million. rences O $944.444 O $183 million O $4.50 million raw C Prey 1 of 12 Next &gt

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