For Questions 36-46, please refer to the following graph. The vertical distance between points A and B represents a per-unit tax in the market. Pice 11 Supply Demand 0s i 1si as i 1s i is 3 Deantio Without the tax, the equilibrium price in this market is $ , and the equilibrium quantity is units.

Principles of Economics, 7th Edition (MindTap Course List)
7th Edition
ISBN:9781285165875
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter6: Supply, Demand And Government Policies
Section: Chapter Questions
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Question 36
For Questions 36-46, please refer to the following graph.
The vertical distance between points A and B represents a per-unit tax in the market.
tPrice
12
11
10 t.
Supply
H.
G
4
3-
2-
1-
Demand
0s 1 13 2 2s 3 33 4 45 s
Deantit
Without the tax, the equilibrium price in this market is $
, and the
equilibrium quantity is
units.
Transcribed Image Text:Question 36 For Questions 36-46, please refer to the following graph. The vertical distance between points A and B represents a per-unit tax in the market. tPrice 12 11 10 t. Supply H. G 4 3- 2- 1- Demand 0s 1 13 2 2s 3 33 4 45 s Deantit Without the tax, the equilibrium price in this market is $ , and the equilibrium quantity is units.
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