Question

1. Demand curve: P = $100 – 2Q Supply curve: P = $10 + 4Q If...

1. Demand curve: P = $100 – 2Q
Supply curve: P = $10 + 4Q

If a tax of $30 per unit is imposed in this market, the dollar price paid by buyers will be:

(show the math)

a. 10    b. 20    c. 40    d. 60    e. 80

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Answer #1

when a us 2 2. 22 2 Z4 g 2. - PsPd=Price paid by consumers

Ps=Price recreived by suppliers

t=tax

Pd=80

Answer-E

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