What is the price and how many bunches are bought

Reference no: EM132114487

Quesiton: The demand and supply schedules for tulips are:

a. If tulips are not taxed, what is the price and how many bunches are bought?

b. If tulips are taxed $6 a bunch, what are the price and quantity bought? Who pays the tax?

Reference no: EM132114487

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