Business, 08.04.2020 02:57 naynay1997
The supply of headphones is linear and upward sloping, and the demand for headphones is linear and downward sloping. Suppose the government imposes a per-unit tax in the market for headphones. In this market, the tax decreases consumer surplus by $4,000.00, and it decreases producer surplus by $6,800.00. The tax decreased the equilibrium quantity of the good by 700.00 headphones , and it generated a deadweight loss of $2,800.00. The tax revenue generated by this tax is?
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