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In a perfect competition type of market; price is $250.00, quantity is 10,000, lump-sum tax is $5,000, price elasticity of demand is -1.5, and price
In a perfect competition type of market; price is $250.00, quantity is 10,000, lump-sum tax is $5,000, price elasticity of demand is -1.5, and price elasticity of supply is 1. What is the price with tax for the perfect competition market?
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