Cntinue assuming that supply is given by the equation p


Continue assuming that Supply is given by the equation P = 2Q and Demand is given by P = 6-Q.

If marginal external costs are given by P=3, and policymakers set a Pigouvian tax of $3 on the production of the good, how much total tax revenue is raised?

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Business Economics: Cntinue assuming that supply is given by the equation p
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