What will the post-tax equilibrium buyers price be

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Reference no: EM13235912

Qd= 100-10P(buyers)
Qs= 15P(sellers)
Equilibrium Price and Quantity respectively are 4 and 60.

Suppose an excise tax of $2.00 per unit is placed on the sale of this good. What will the post-tax equilibrium buyers' price, sellers' price, and quantity be?

Reference no: EM13235912

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