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Business, 29.06.2019 04:30 jayelijah0508

Suppose the demand and supply equations for yam are: p=160 - q (demand) and p= 120 + 16q (supply). a. find the equilibrium price and quantity? b. suppose the government impose a tax of n50 per unit on supply, find the new equilibrium price-inclusive price and quantity

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Suppose the demand and supply equations for yam are: p=160 - q (demand) and p= 120 + 16q (supply)....

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