Find an ad-valorem tax that would generate revenues

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Reference no: EM13192063

In a competitive market, the industry demand and supply curves are P=200-0.2×Qd
and P=100+0.3×Qs, respectively.
Can you find an ad-valorem tax that would generate $3200 of revenues for the government?

Reference no: EM13192063

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Find an ad-valorem tax that would generate revenues : In a competitive market, the industry demand and supply curves are P=200-0.2×Qd and P=100+0.3×Qs, respectively. Can you find an ad-valorem tax that would generate $3200 of revenues for the government

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