7. The demand and supply schedules in the market for sneakers are given below: Price (TL) Demand Supply 100 1000 150 900 200 800 250 700 100 300 600 200 350 500 300 400 400 400 450 300 500 500 200 600 • Graph the demand and supply curve. Find the initial equilibrium price and quantity. • Suppose that government imposes 100 TL / unit tax on the producers of sneakers. Find the new equilibrium price and quantity.

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