Answer:
o find tax revenue, you can use the following formula:
Tax Revenue = Tax Rate × Quantity
Where:
Tax Rate is the percentage of tax applied
Quantity is the quantity of the taxed item
To calculate deadweight loss caused by a tax, you would typically need to know the supply and demand curves for the good being taxed. The deadweight loss can be calculated by finding the area of the triangle between the supply and demand curves that is no longer traded due to the tax.
If you provide me with specific numbers or a scenario, I can help you calculate these values.
Explanation:
