Problem
Redo the previous question with the demand curve replaced by P = 26-(2/3)Q.
(a) Is this new demand curve more or less elastic than the original at the equilibrium?
(b) What do you note about the relative magnitudes of the DWL and tax revenue estimates here, relative to the previous question?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.