Question 24
Based on the above data, answer the given subquestions.
New equilibrium quantity after the incidence of tax Q^(t)= ________________
Based on the above data, answer the given subquestions.
New equilibrium quantity after the incidence of tax Q^(t)= ________________
Correct answer: 6.5 or 6500
Question 24 of 30 in the IIT Madras BS Managerial Economics (Managerial Economics) Quiz 2 paper sat on 16 Mar 2025, in the January 2025 term (IIT M DEGREE AN EXAM QDB2 16 Mar 2025). It carries 1 mark.