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1) Suppose there are 10 producers, each of which has a supply curve q = 3p. The consumers are 6 and the demand curve for

1) Suppose there are 10 producers, each of which has a supply curve q = 3p. The consumers are 6 and the demand curve for each is q = 33-2p. Determine: a) Calculate the quantity and sale and offer prices that result from applying a three-unit tax consumed. b) The amount collected from the tax.

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