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Business, 29.01.2021 01:10 mzyjohnson47

The supply of smartphones is linear and upward sloping, and the demand for smartphones is linear and downward sloping. Suppose the government imposes a per-unit tax in the market for smartphones. In this market, the tax decreases consumer surplus by $4,650.00, and it decreases producer surplus by $2,550.00. The tax decreased the equilibrium quantity of the good by 1,400.00 smartphones , and it generated a deadweight loss of $2,100.00. The tax revenue generated by this tax is

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