Refer to Scenario 8-3. Suppose that a tax of T is placed on buyers so that the demand curve becomes:
$$Q ^ { D } = 200 - ( P + T )$$ If T = 40, how much is the burden of the tax on the buyers and on the sellers?

Question

Refer to Scenario 8-3. Suppose that a tax of T is placed on buyers so that the demand curve becomes:
 $$Q ^ { D } = 200 - ( P + T )$$ If T = 40, how much is the burden of the tax on the buyers and on the sellers?

Quizplus · Accepted Answer

The Answer of Refer to Scenario 8-3. Suppose that a tax of T is placed on buyers so that the demand curve becomes:
 $$Q ^ { D } = 200 - ( P + T )$$ If T = 40, how much is the burden of the tax on the buyers and on the sellers?

Refer to Scenario 8-3 QD=200−(P+T)Q ^ { D } = 200 - ( P + T )QD=200−(P+T)

Refer to Scenario 8-3 $Q ^ { D } = 200 - ( P + T )$