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QUESTION 18 10 points Save Answer The market for high-end gaming laptops is given by: Qd = 6,000 - 3P Qs = -100 + P

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QUESTION 18 10 points Save Answer The market for high-end gaming laptops is given by: Qd = 6,000 - 3P Qs = -100 + P a. Find the equilibrium price and equilibrium quantity for high-end gaming laptops. b. Now, suppose an excise tax of $80 per laptop is imposed on the producers. After the tax, the new supply is: Qs =-180 + P. What is the new equilibrium price and equilibrium quantity after the tax is imposed? c. How much tax revenue will the government raise by imposing this tax? d. How much of the tax will be paid by the consumers? e. How much of the tax will be paid by the producers? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph V Open Sans, sa... v 10pt V V A v E E X2 X2 + ABC V

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