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How will the change affect equilibrium price

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Question: In the market for a good the quantity supplied (QS) and the quantity demanded (QD) are given by QS = P - 30 and QD = 240 - 2P where P = price in dollars. A change in the tax on the good makes QS = P - 36. How will the change affect equilibrium price? A It will fall by $2. B It will fall by $6. C It will rise by $2. D It will rise by $6.

Reference no: EM131547752

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