Question: The new equilibrium quantity is 40 . Consumers will pay $ 30 . After the tax, sellers will receive $ 15 . e. Using the

The new equilibrium quantity is 40 . Consumers will pay $ 30 . After the tax, sellers will receive $ 15 . e. Using the midpoint formula, the price elasticity of demand over this price change is: -1 . f. If demand were less elastic (holding supply constant), the deadweight loss would be smaller

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