Qd500-5p and qs2p-60what are the equilibrium quantity and

Assignment Help Macroeconomics

Qd=500-5P and Qs=2P-60

What are the equilibrium quantity and price?

How much consumer surplus exists in this market?

If a $2 excise tax is levied on this good, what will happen to the equiilibruim price and quantity?

What will the consumer surplus be after the tax?

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Qd500-5p and qs2p-60what are the equilibrium quantity and : qd500-5p and qs2p-60what are the equilibrium quantity and price?how much consumer surplus exists in this market?if a 2

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