How much is paid by producers if tax is imposed on market
suppose the a market is initially in equilibrium. the initial demand course is P= 90-Q. The initial supply curve is P=2Q. Suppose that the government imposes a $3tax on this market. How much of this is $3 is paid by the producers?
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The initial supply curve is P=2Q. Suppose that the government imposes a $3tax on this market. How much of this is $3 is paid by the producers?
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