703443129.

xlsx

Demand and supply model with an excise tax

***Note, here price P is the independent variable instead of quantity Q
P D = 30 - 0.5P S = -10+0.8P S = -10+0.8(P-5)

0 30 -10 -14
1 29.5 -9.2 -13.2 Equilibrium before and after
2 29 -8.4 -12.4
20 20 6 2 40
21 19.5 6.8 2.8
22 19 7.6 3.6
23 18.5 8.4 4.4 30
24 18 9.2 5.2
25 17.5 10 6
26 17 10.8 6.8 20

Quantity, D and S
27 16.5 11.6 7.6
28 16 12.4 8.4
29 15.5 13.2 9.2 10
30 15 14 10
31 14.5 14.8 10.8
0
32 14 15.6 11.6 0 5 10 15 20 25
33 13.5 16.4 12.4
34 13 17.2 13.2
-10
35 12.5 18 14
36 12 18.8 14.8
37 11.5 19.6 15.6
-20
38 11 20.4 16.4
39 10.5 21.2 17.2 Price, P
40 10 22 18

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 703443129.xlsx

quilibrium before and after tax

15 20 25 30 35 40 45

Price, P

Page 2