The market demand curve for commodity Y remained unchanged at Qd= 200-5p and the supply curve changed to Qs= -60+5p due to the government imposing a unit tax of Rs.8 on the producers. What is the balance before tax?90223050none of the above.

Let QD = 80 − 20P be the demand function for cigarettes and let QS =10P − 10 be the supply. Suppose the government introduces a specific tax of τ = 1 to belevied on the producers• Obtain the new supply curve

The market supply of commodity Z remains unchanged at Qs= -200+ 5p. As the price of the substitute increases, the demand changes. The new demand is Qd= 1000-5p and the quantity demanded was 800 units when the price was zero before the increase in the price of the substitute. The effect on the economic surplus due to the increase in the price of the substitute is,3200 is more.14000 is reduced14000 is more28000 is reducednone of the above.

(Use the information below for questions 22 to 26). . In the market for good Y, the demand curve is Qd= 1500-5p and the supply curve is Qs= -1000 + 10p. If the government gave a subsidy of 80 rupees per unit on the producers with the aim of releasing this product in the market,,,,,, 22)New equilibrium price and quantity after the subsidy?Price = 132 Quantity = 480Price = 68 Quantity = 480Price = 132 Quantity = -480Price = 52 Quantity = 720none of the abo

The demand function Q and cost function C(Q) of a commodity are given by the equations \[Q=20-0.01P,\] and C(Q)=60+6Q, where P and Q are the price and quantity, respectively. The total revenue function (TR) in terms of P is

The following is the demand and supply quantities for Firm X at different price points.Price (cost per unit) (in ₹)Quantity demanded (in thousands)Quantity supplied (pre-environment tax) (in thousands)Quantity supplied (post-environment tax) (in thousands)1075035032515675400375205604754502549051549030360570545 How did the supply curve of Firm X react to the environment tax? The supply curve shifted to the rightThe supply curve shifted to the leftThe supply curve remained unchanged