Question 27
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 27: The total tax revenue is
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Correct answer
INR 1125
Question 27 of 43 in the IIT Madras BS Managerial Economics (Managerial Economics) End Term paper sat on 31 Aug 2025, in the May 2025 term (IIT M IMPROVEMENT FN EXAM QIA1 31 Aug 2025). It carries 0.5 marks.
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