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I am confused how to go about doing b 1. Suppose that a market for a good has the following supply and demand functions: Supply:

I am confused how to go about doing b

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1. Suppose that a market for a good has the following supply and demand functions: Supply: Q = 2p Demand: Q = 300 - p a) Numerically solve for consumer surplus and producer surplus at equilibrium. Recall that the area of a triangle is 0.5 * base * height. b) Suppose the government enacts a $30 tax per unit paid by consumers. Numerically solve for the post-tax equilibrium quantity, the price paid by buyers, and the price received by sellers

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