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This is for ECON-251 Chapter 6 Market: Pricing Ceiling, Floors, Taxes and Subsidies. Basically need to add $2 to the current price on the table

This is for ECON-251 Chapter 6 Market: Pricing Ceiling, Floors, Taxes and Subsidies. Basically need to add $2 to the current price on the table for filing in the blank for a new equilibrium price and then need to calculate the tax paid by the seller side through some subtraction.

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rrect Question 10 Price Quantity Quantity (dollars per supplied demanded pound) (pounds) (pounds) $3 2 6 $4 3 $5 4 4 $6 5 3 $7 6 2 The above table shows the market for chocolate chip cookies. A $2 tax per pound of cookies is placed on sellers. The new equilibrium price of cookies is $ 5 per pound and the amount of tax paid by sellers is $ 2 per pound. Just enter a value. Do not enter the "$" sign. Answer 1: 5 Answer 2: 2

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