Business, 05.12.2019 03:31 keaganaplin

Astudy finds that the noise from rock concerts is harmful; hence, the government imposes a $30 tax on the sale of every unit. this amount accurately accounts for the external cost of the noise pollution. before the corrective tax, concert tickets regularly sold for $190. after the tax is in place, the market price for concert tickets rises to $195.

because of the tax, the number of concert tickets sold will .

the socially optimal price of concert tickets is $ .

the private market price is $ .

a firm selling concert tickets receives $ after it pays the tax.

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Astudy finds that the noise from rock concerts is harmful; hence, the government imposes a $30 tax...

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