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The table below shows the demand and supply for a good. If the government adds a...
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The table below shows the demand and supply for a good.
If the government adds a tax of $24 per unit, what will be the equilibrium quantity in the market?
| Price | Qd | Qs |
| 96 | 0 | 96 |
| 88 | 4 | 88 |
| 80 | 8 | 80 |
| 72 | 12 | 72 |
| 64 | 16 | 64 |
| 56 | 20 | 56 |
| 48 | 24 | 48 |
| 40 | 28 | 40 |
| 32 | 32 | 32 |
| 24 | 36 | 24 |
| 16 | 40 | 16 |
| 8 | 44 | 8 |
| 0 | 48 | 0 |