The many identical residents of Whovite locatinking Ziuro rachide has the following winess to pay for the strumenti will
Posted: Thu May 19, 2022 9:27 am
The cost of producing a bottle of lurp is $3.50, and the competitive suppliers set this once. The supply cure is honor Each Whovila wil consume bottles and receive consumer turlusos Prodonazlur create polonach bottle as an extum cost of 51: Taking this additional cost into account, total surplus per person in the location you previous determined creases to Cindy Lou who, one of the residents of Whoville, decides on her own to reduce her consumption of Purp by boede Hordeonion total surplus in Cindy's consumer surplus (ignoring the cost of pollution she experiences) is now Whaville bye Mayor Och imposes a si tax on each bottle of Zlur Consumtionerson is now botties. This yedsa per person consumer surplus on not including the cost of pollution per person external cost of 5 and government revenue of 5 per person, Total surplus per person is now as a result of this policy. Hint: Total surplus is equal to consumer surplus minus the external cost of pollution is very weare compared to before the tax Based on your calculations you support the mayor's policy because it