What would be the equilibrium price nbspwhat is the
Suppose that demand is given by the equation:
Qd=180-3P
But a tax of $4 is placed on producers, altering supply to the equation:
Qs= P-T-20=P-24
1) What would be the equilibrium price?
2) What is the equilibrium quantity?
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suppose that the 4 tax is placed on consumers instead so that demand is given by the equationqd180-3pt180-3p4and supply
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