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Home Q & A Board Other Fields Homework Help Business Economics
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Mairoon Mairoon
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6 years ago
Suppose the market for grass seed can be expressed as

Demand: QD = 100 - 2p
Supply: QS = 3p

At the market equilibrium, calculate the price elasticities of supply and demand. Use these numbers to predict the change in price resulting from a specific tax.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
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TecShdwTecShdw
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6 years ago
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Mairoon Author
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6 years ago
Brilliant ツ
Transonic
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Yesterday
Thanks for your help!!
Ivansitospeed@g
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2 hours ago
Correct Slight Smile TY
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