If a 10 cent tax is imposed on a supply curve with the function Qs = P - 2, the function representing the Qs + Tax line would be Select one: a. Qs+Tax = 2P - 9 b. Qs+Tax = P - 2.10 c. Qs+Tax = 2P - 7 d. Qs+Tax = P - 1.90

If a 10 cent tax is imposed on a supply curve with the function Qs = P - 2, the function representing the Qs + Tax line would be Select one: a. Qs+Tax = 2P - 9 b. Qs+Tax = P - 2.10 c. Qs+Tax = 2P - 7 d. Qs+Tax = P - 1.90

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

If a 10 cent tax is imposed on a supply curve with the function Qs = P - 2, the function representing the Qs _{+ Tax} line would be

Select one:

Qs_+Tax = 2P - 9

Qs_+Tax = P - 2.10

Qs_+Tax = 2P - 7

Qs_+Tax = P - 1.90

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