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Question 14 (6 points) Suppose that the demand function is given by Q # 840 and supply function is given as Q - -120+ 2P
Question 14 (6 points) Suppose that the demand function is given by Q # 840 and supply function is given as Q - -120+ 2P Suppose now that government imposes $12 tax per unit of output on sellers. What is the burden on buyers? $6 $3 $0 $12
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