kluckey989 kluckey989

03-01-2023
Business

Answered

Chegg now calculate the government's tax revenue if it sets a tax of $0, $20, $40, $50, $60, $80, or $100 per bottle. (hint: to find the equilibrium quantity after the tax, adjust the "quantity" field until the tax equals the value of the per-unit tax.) using the data you generate, plot a laffer curve by using the green points (triangle symbol) to plot total tax revenue at each of those tax levels. note: plot your points in the order in which you would like them connected. line segments will connect the points automatically. laffer curve 0 10 20 30 40 50 60 70 80 90 100 4000 3600 3200 2800 2400 2000 1600 1200 800 400 0 tax revenue (dollars) tax (dollars per bottle) 20, 800

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