Y5 Demand for milkshakes is given by Qd= 12-p. Supply of milkshakes is given by qs=-4+3p. The
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Question:
Y5
Demand for milkshakes is given by Qd= 12-p. Supply of milkshakes is given by qs=-4+3p. The city government is considering imposing a health tax of $1 per milkshake. What price do you expect consumers to pay if the tax is imposed?
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