The previous question was: The New York City announces they will be placing a three dollar tax on all drums purchases in New York City. Find the new market equilibrium, surplus, government revenue, and the deadweight loss of the tax (if any). Submit your work. Note: I have already submitted the question above. What does your answer to question 3 suggest about the impact of the tax on welfare in New York City? A recent study shows that each drum owner in a major city like New York City causes about 3 dollars in damages to their neighbors' ears from lost sleep and noise pollution. Does that change your answer above? Why?
The previous question was: The New York City announces they will be placing a three dollar tax on all drums purchases in New York City. Find the new market equilibrium, surplus, government revenue, and the deadweight loss of the tax (if any). Submit your work. Note: I have already submitted the question above. What does your answer to question 3 suggest about the impact of the tax on welfare in New York City? A recent study shows that each drum owner in a major city like New York City causes about 3 dollars in damages to their neighbors' ears from lost sleep and noise pollution. Does that change your answer above? Why?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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The previous question was:
The New York City announces they will be placing a three dollar tax on all drums purchases in New York City. Find the new
Note: I have already submitted the question above.
What does your answer to question 3 suggest about the impact of the tax on welfare in New York City?
A recent study shows that each drum owner in a major city like New York City causes about 3 dollars in damages to their neighbors' ears from lost sleep and noise pollution. Does that change your answer above? Why?
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