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Suppose that the demand and supply functions for a good are given as follows: Demand: Q = 720-8P Supply: Q=-160 + 3P Suppose now

Suppose that the demand and supply functions for a good are given as follows: Demand: Q = 720-8P Supply: Q=-160 + 3P Suppose now that government imposes $22 tax per unit of output on sellers. What is the burden on buyers? 6 16 11 0

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