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The demand for sugar is given by: QD= 610 -P. The supply of sugar is given by: Qs= 10P -3570. The government levies a $33 per unit tax on the suppliers of sugar. Calculate the quantity of units in the market after the tax. QTAX= (Round to the nearest two decimal places if necessary.)

The demand for sugar is given by: QD= 610 -P. The supply of sugar is given by: Qs= 10P -3570. The government levies a $33 per unit tax on the suppliers of sugar. Calculate the quantity of units in the market after the tax. QTAX= (Round to the nearest two decimal places if necessary.)

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Lesson 11 Question 3

The demand for sugar is given by: QD= 610 -P. The supply of sugar is given by: Qs= 10P -3570. The government levies a $33 per unit tax on the suppliers of sugar. Calculate the quantity of units in the market after the tax. QTAX= (Round to the nearest two decimal places if necessary.)
Transcribed Image Text:The demand for sugar is given by: QD= 610 -P. The supply of sugar is given by: Qs= 10P -3570. The government levies a $33 per unit tax on the suppliers of sugar. Calculate the quantity of units in the market after the tax. QTAX= (Round to the nearest two decimal places if necessary.)
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