Question 33
The market demand curve for pizzas is P=300-Q and the market supply curve is P=60+2Q. A tax of t=15 INR is imposed on one unit of pizza sold. Answer the given subquestions.
The total tax revenue is
INR 1255
INR 1075
INR 1535
INR 1125
Question 33: The total tax revenue is
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Correct answer
INR 1125
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Question 33 of 41 in the IIT Madras BS Managerial Economics (Managerial Economics) End Term paper sat on 28 Apr 2024, in the January 2024 term (IIT M DEGREE AN EXAM QDB3 28 Apr 2024). It carries 1 mark.
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