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A raw material is traded in a competitive market. The market demand and market supply are p=200q and p=q, respectively. Find the shadow price of

A raw material is traded in a competitive market. The market demand and market supply are p=200q and p=q, respectively.

Find the shadow price of this raw material if

(a) a quantity tax $30 is imposed on the producers.

In (a) , equilibrium can be found by 200+zq=q+30

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