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MrsAngelD MrsAngelD
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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: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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SaHiN22SaHiN22
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6 years ago
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