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Question 9 1 pts Suppose the demand for a product is given by P = 60 -2Q. Also, the supply is given by P =

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Question 9 1 pts Suppose the demand for a product is given by P = 60 -2Q. Also, the supply is given by P = 10 + 3Q. If a $10 per-unit excise tax is levied on the buyers of a good, after the tax, the total amount of tax paid by the producers is $10 O $48 $80 None of these $32 Question 10 1 pts Suppose the demand for a product is given by P = 50 -Q. Also, the supply is given by P = 10 + 3Q. If a $12 per-unit excise tax is levied on the buyers of a good, after the tax, the total quantity of the good sold is @ 10 None of these 31

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