question archive Suppose that the initial price of a Juul pod is $3
Suppose that the initial price of a Juul pod is $3
Subject:EconomicsPrice: Bought3
Suppose that the initial price of a Juul pod is $3.00 and the initial quantity of Juul pod sold was 600. The federal government imposes a $1.5 tax per Juul pod and the quantity drops to 500. The state government then imposes a $1 tax per Juul pod, and the quantity drops to 400 units. What is the change in DWL caused by the additional state tax?
