16 The market demand for good x is y(d)-a-2bp, and the market supply is y(s)-ep, the govermment imposes a per unit tax t on x, which must be paid by the sellers, calculate the social loss produced by the tax. OA ber20te) O ber2b+c OC 2ber/2bte OD 2ber 2(bte)

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Explain 16 correctly

16 The market demand for good x is y(d)-a-2bp, and the market supply is y(s)-ep, the
govermment imposes a per unit tax t on x, which must be paid by the sellers, calculate
the social loss produced by the tax.
OA bet/2(b+c)
OB ber/2b+c
OC 2ber/2bte
OD 2ber/2(bte)
17 Consider the pure exchange economy:
UA (x'A, x'A) = (x'A(x?A)2, (w'a, w-A) - (1,1)
ue (x'B, x'e) = (x's)3(x²a), (w's, w'a) = (2,1)
If it is competitive equilibrium, P2 /Pi is-
OA 13
OB 23
OC 43
OD 3/4
Transcribed Image Text:16 The market demand for good x is y(d)-a-2bp, and the market supply is y(s)-ep, the govermment imposes a per unit tax t on x, which must be paid by the sellers, calculate the social loss produced by the tax. OA bet/2(b+c) OB ber/2b+c OC 2ber/2bte OD 2ber/2(bte) 17 Consider the pure exchange economy: UA (x'A, x'A) = (x'A(x?A)2, (w'a, w-A) - (1,1) ue (x'B, x'e) = (x's)3(x²a), (w's, w'a) = (2,1) If it is competitive equilibrium, P2 /Pi is- OA 13 OB 23 OC 43 OD 3/4
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