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Show your calculations that the government wants

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Reference no: EM133598811

Question: Now assumAccording to the model of supply and demand, is society better or worse off as a result of the tax imposed by the government in part 'b'? Explain your answer. Make sure you use the diagram from part 'b' and to show your calculations. (3 marks)e that the government wants to encourage consumers to buy electric motorcycles. To do this, the government imposes a tax on the sale of new motorcycles with traditional combustion engines. The aim of the tax is to reduce the number of sales of this type of motorcycle to 500 per year.

 

 

Reference no: EM133598811

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