Sppose the market supply curve of wagons is qs ndash625
Suppose the market supply curve of wagons is QS = –62.5 + 0.5p2. The demand curve is QD = 325 – 2p2. Use Equation 3A.2 in Appendix 3A to determine the incidence of a small tax on consumers. ?The equation to use is dp/dt=(ds/dp)/(ds/dp)-(dD/dp)
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suppose the market supply curve of wagons is qs ndash625 05p2 the demand curve is qd 325 ndash 2p2 use equation 3a2
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