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Q17 The government decides to create a new tax of $ 10 and apply it to producers. The supply and demand of the sector concerned
Q17 The government decides to create a new tax of $ 10 and apply it to producers. The supply and demand of the sector concerned take the following form:
Po = 3 + Q and Pd = 1007Q.
What form do the supply and demand of this sector take after the imposition of the tax?
Please choose an answer:
at. Po = 7 + Q and Pd = 1007Q
b. Po = 3 + Q and Pd = 907Q
vs. Po = 13 + Q and Pd = 1007Q
d. Q = Po 3 and Q = 100 / 7-1 / 7Pd
e. Po = 13 + Q and Pd = 907Q
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