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Managerial Economics · End Term · 13 Sept 2026 · May 2026 term · Set S2

Question 16: The new price that the buyer pays after incidence of tax…

Question 16

+1 markNumerical answer

The market demand curve for pizzas is P=420-Q and the market supply curve is P=60+2Q. A tax of t=12 INR is imposed on one unit of pizza sold. Answer the given subquestions.

The new price that the buyer pays after incidence of tax is, Pb= ……

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Correct answer: 304

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Question 16 of 43 in the IIT Madras BS Managerial Economics (Managerial Economics) End Term paper sat on 13 Sept 2026, in the May 2026 term (Managerial Economics 13 Sep 26 (Session 2)). It carries 1 mark.

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