Suppose the market demand is qd = 200 − p and market supply is qs = 4p − 100.
a. suppose the...
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Business, 12.12.2019 23:31 shartman22
Suppose the market demand is qd = 200 − p and market supply is qs = 4p − 100.
a. suppose the government imposes a tax of t = 5 on producers. what is the incidence of the tax on consumers? producers?
b. what is the deadweight loss of the tax?
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