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24 points) Suppose the market supply and demand for guitars in Happy Valley are e) What quantity of the good will he bought/sold alter the

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\"24 points) Suppose the market supply and demand for guitars in Happy Valley are e) What quantity of the good will he bought/sold alter the tax? given by: Supply: P = 120 + Q Demand: P = 600 4Q. a) Calculate the equilibrium price and quantity of guitars. t) What is the deadweight loss created by the tax? For the remaining questions, suppose a tax of $20 per guitar is levied on the consumers. b) How much will the consumers pay for guitars aer the tax? c) How much will producers receive for guitars aer the tax? d) What proportion of the tax will be paid by the producers

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