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Suppose that a tax t is placed on buyers, so the new demand equation is: Q_D=300-(P+t) Solve for the new equilibrium. What happens to the

Suppose that a tax t is placed on buyers, so the new demand equation is:

Q_D=300-(P+t)

Solve for the new equilibrium. What happens to the price received by sellers, the price received by buyers and the quantity sold?

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