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Managerial Economics · Quiz 2 · 16 Mar 2025 · January 2025 term

Question 27: Suppose, the government acts weird and removes the tax t…

Question 27

+1 markWritten answer

Based on the above data, answer the given subquestions.

Suppose, the government acts weird and removes the tax to provide a subsidy of INR 1 per unit to cigarette producers.
New equilibrium quantity after the incidence of subsidy Q^(s)= _____________

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Correct answer: 7.5 or 7500

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Question 27 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.

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  27. Q28Suppose, the government acts weird and removes the tax to provide a subsidy of INR 1 per unit to cigarette producers.\ …
  28. Q29Suppose, the government acts weird and removes the tax to provide a subsidy of INR 1 per unit to cigarette producers.\ …
  29. Q30Suppose, the government acts weird and removes the tax to provide a subsidy of INR 1 per unit to cigarette producers.\ …