Microeconomics
Microeconomics
11th Edition
ISBN: 9781260507140
Author: David C. Colander
Publisher: McGraw Hill Education
Question
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Chapter 5.A, Problem 7QE

(a)

To determine

Impact of tax on buyers.

(b)

To determine

New equilibrium price and quantity.

(c)

To determine

Impact of change in the taxation policy.

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