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Suppose that the demand function is given by Q = 120-5P and supply function is given as Q = 180 Suppose now that government
Suppose that the demand function is given by Q = 120-5P and supply function is given as Q = 180 Suppose now that government imposes $12 tax per unit of output on sellers. What is the burden on buyer's? $3 $12 $6 $0
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