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Business, 05.05.2020 19:30 WTDjase

Suppose that the demand function for aluminum? is Q = 20 - 0.2pwhere p is the price paid by consumers in dollars per pound and Q is the quantity demanded measured in pounds. The supply curve for aluminum is estimated to? be: Q = 0.1p such that \eta = 1a) The? pre-tax equilibrium price is: 66.66b) The? pre-tax equilibrium quantity is: 6.66c) If a $40 tax per pound is placed on? aluminum, the price paid by consumers would be: $80d) And the new equilibrium quantity sold is: ? (rounded to two decimal places)

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Suppose that the demand function for aluminum? is Q = 20 - 0.2pwhere p is the price paid by consumer...

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