Let demand be given by qd 8 - 2p let supply be given by qs


Question - Let demand be given by QD = 8 - 2P; let supply be given by QS = 2P. A tax of $2 per unit is imposed on consumer, what is the new equilibrium quantity?

a. 1

b. 2

c. 3

d. 4

e. 5

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Microeconomics: Let demand be given by qd 8 - 2p let supply be given by qs
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