People in town’s demand for cigarettes is :P = 50 – Q/1500 , the marginal damage of consuming cigarettes is $7 per pack. The supply of cigarettes is…

People in town’s demand for cigarettes is 😛 = 50 – Q/1500 , the marginal damage of consuming cigarettes is $7 per pack. The supply of cigarettes is perfectly elastic at $19.

Question: I need to find the economic incidence of the tax. Please also explain what is the economic incidence of the tax is.

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