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Suppose that the demand function for aluminum is =400.1 , where is the price paid by consumers in dollars per pound and is the quantity
Suppose that the demand function for aluminum is =400.1, where is the price paid by consumers in dollars per pound and is the quantity demanded measured in pounds. The supply curve for aluminum is estimated to be: =0.1If a $20 tax per pound is placed on aluminum, the price charged by the producers would be
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