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Provide appropriate solutions. Thanks. The graph shows the market for tulips. Price (dollars per bunch) Draw a point at the equilibrium price and equilibrium quantity.

Provide appropriate solutions. Thanks.

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The graph shows the market for tulips. Price (dollars per bunch) Draw a point at the equilibrium price and equilibrium quantity. Label it 1. 24- Suppose that tulips are taxed $6 a bunch and that the tax is on the sellers of tulips. 22- Draw a curve that shows the effect of the tax. Label it. 20- S Draw a point to indicate the price paid by buyers and the quantity bought. Label it 2. 18- 16- Buyers pay $ of the tax and sellers pay $ of the tax. 14- 14. 12- 10- D 20 40 60 80 100 120 140 Quantity (bunches per week) Edit Coordinates (80,14) >>> Draw only the objects specified in the question.

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