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The supply of gazebos is given by P = 3 + 0.5Q; demand is given by Q = 20. A specific tax of $9 per
The supply of gazebos is given by P = 3 + 0.5Q; demand is given by Q = 20. A specific tax of $9 per unit is subsequently imposed and that shifts the supply curve to P = 12 + 0.5Q.
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