26. (Figure: The Market for Skateboards) Use Figure: The Market for Skateboards. A price of will bring the about the same price and output in the market for skateboards as would an excise tax of $60. Price of skateboards (in thousands) $220 200 S 180 160 140 120 100 80 60 40 20 0 2 D 4 6 8 10 12 O ceiling, $120 Number of skateboards (thousands) O floor; $160 O ceiling, $80 O floor; $100

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter4: The Market Forces Of Supply And Demand
Section: Chapter Questions
Problem 7QR
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26. (Figure: The Market for Skateboards) Use Figure: The Market for Skateboards. A price
of
will bring the about the same price and output in the market for skateboards as would an excise tax of $60.
Price of
skateboards
(in thousands)
$220
200
S
180
160
140
120
100
80
60
40
20
0
2
D
4
6 8
10
12
O ceiling, $120
Number of skateboards (thousands)
O floor; $160
O ceiling, $80
O floor; $100
Transcribed Image Text:26. (Figure: The Market for Skateboards) Use Figure: The Market for Skateboards. A price of will bring the about the same price and output in the market for skateboards as would an excise tax of $60. Price of skateboards (in thousands) $220 200 S 180 160 140 120 100 80 60 40 20 0 2 D 4 6 8 10 12 O ceiling, $120 Number of skateboards (thousands) O floor; $160 O ceiling, $80 O floor; $100
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