If there is a $3 tax, what is the equilibrium price buyers pay, the price sellers receive,  and the quantity?   If there is a $3 tax, what is the CS, PS, tax revenue, TS, and deadweight loss? Include  graph!

ENGR.ECONOMIC ANALYSIS
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If there is a $3 tax, what is the equilibrium price buyers pay, the price sellers receive,  and the quantity?  
If there is a $3 tax, what is the CS, PS, tax revenue, TS, and deadweight loss? Include  graph!

Table 2: Market for Skis
P
0
4
8
Qd
15
12
9
12 6
16
3
20 0
Qs
0
6
12
12
16
20
Transcribed Image Text:Table 2: Market for Skis P 0 4 8 Qd 15 12 9 12 6 16 3 20 0 Qs 0 6 12 12 16 20
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