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Given a demand curve of P = 108 - Q and a supply curve of P = 3 + 1.5Q, with tax of 10, solve
Given a demand curve of P = 108 - Q and a supply curve of P = 3 + 1.5Q, with tax of 10, solve for the dollar value of the tax burden on both consumers (Answer 1) and producers (Answer 2)
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