Microeconomics, Student Value Edition Plus MyLab Economics with Pearson eText -- Access Card Package (9th Edition) (Pearson Series in Economics)
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Chapter 9, Problem 2E

(a)

To determine

Equilibrium price and quantity.

(b)

To determine

Identify the new equilibrium quantity and price after the imposition of tax.

(c)

To determine

Identify the new equilibrium quantity and price after the imposition of subsidy.

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