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Suppose the government imposes a per unit tax of $10 on textbook sales and thatthe pre-tax equilibrium price of textbooks is $100. The price elasticity
Suppose the government imposes a per unit tax of $10 on textbook sales and thatthe pre-tax equilibrium price of textbooks is $100. The price elasticity of demand is-0.1 and the price elasticity of supply is 0.3. What is the price that consumers pay inthis market? (Round answers to 1 decimal place)
Ty-ped and correct answer please. I will rate accordingly. My last attempt.
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