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In the market for candy, researchers have estimated the following demand and supply curves. Demand: P= 8 - Q1100 Supply: P= (3Q)/700 If the government
In the market for candy, researchers have estimated the following demand and supply curves. Demand: P= 8 - Q1100 Supply: P= (3Q)/700 If the government imposes an excise tax of $0.50 per unit. What is the quantity of candy sold in the market after the tax? (Remember that the tax does not change the demand and supply curves). 510 ms 525 (with margin: 10) l
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