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Hi, Can u help me answer this question please ? The niverse demand function for cases of chocolate truffles is defined by p = 157
Hi, Can u help me answer this question please ?
The niverse demand function for cases of chocolate truffles is defined by p = 157 -3q, and the inverse supply function is defined by p = 102 + 2q. Originally there was no tax on chocolate truffles. Then the government began to tax suppliers of chocolate truffles $20 for every case they sold. How much did the price paid by consumers rise when the new equilibrium was reached? O a. It rose by $15. Q) b. It rose by $10. ()C. None of the other answers is correct. d. It rose by $12. De. It rose by E8Step by Step Solution
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