Consider a Perfectly Competitive Market with Market Supply $Q ^ { s } = - 2 + P$

question 69

Multiple Choice

Consider a perfectly competitive market with market supply $Q ^ { s } = - 2 + P$ and market demand $Q ^ { d } = 30 - P$ . Suppose the government imposes an excise tax of $\$ 4$ per unit on this market.
What is total surplus (consumer surplus plus producer surplus) after the government imposes the tax?

• A)72
• B)98
• C)144
• D)196

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A term not commonly used in standard programming documentation, possibly referring to a pointer with a specific function or capability beyond normal referencing. NO.

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