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Please answer correct calculation asap plz Don't answer by pen paper plz Suppose that your town decides to impose a tax on 2liter bottles of
Please answer correct calculation asap plz
Don't answer by pen paper plz
Suppose that your town decides to impose a tax on 2liter bottles of soda to encourage healthier dietary habits. Before the tax, the supply and demand schedules for bottles ofsoda are given in the table below. The town imposes a tax of $0.75 per bottle. Will the equilibrium quantity exchanged after the tax be higher or lower than the quantity exchanged without the tax? Price Per Bottle Quantity Supplied Per Month Quantity Demanded Per Month $0.50 12,000 18,000 $0.?5 13,000 17,500 $1.00 14.000 17.000 $1.25 15,000 16,500 $1.50 16,000 16,000 $175 17,000 15,500 $2.00 18,000 15,000 $2.25 19,000 14,500 $2.50 20,000 14,000 Group of answer choices a higher b The equilibrium quantity will not change. c lowerStep by Step Solution
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