Tax burden split between buyer also seller

Assignment Help Business Economics

Reference no: EM1321830

Q. Assume supply is P = 20 + Q while demand is P = 120 -3Q.

a. Find out the equilibrium price also quantity.

b. Assume sellers must pay a tax of $6/unit. Conclude the quantity exchanged also prices for buyers also sellers.

c. Elucidate how is the tax burden split between buyer also seller?

Q. Compare also Contrast the effectiveness of Washington's also Adams' presidencies in obeying also promoting the Constitution during their administrations. Can someone help me out please?

Reference no: EM1321830

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