Date:The demandand Supply functions for three goodsaxe givena s fallows:Dx = 100 - 3 Px t Py + 3 Pz80+ Px - 2 Py - PzDy =Dz = 120+3 Px -Py -4PzSx=-10+ PxSy =-20+3PySz =-30+ 2 PzDetermine the equilibriunm pricesand quantities oball three goods.The government decides to:25%. Eaxx on X立impose aSBs/umik taxon yimpose agive a 10% subsidyArcalyze the impact of each ofm eauilibaiuma prsices and auantities·Also colculate changes im consumen Epproducengood z.these policiessepasatelyon-)surpluses and the amovnt of revenue earmed bythegovermmentBepeat, this exencise when policies (a, b), (b,c)andlaibic) are joimtly implemented. which policychóice is best? why?Provide theositiral justificatiens(using diagtams)ofall zesults ebtaimed

Hello. Since you have posted multiple questions and not specified which question needs to be solved,…

The demandand Supply functions for three goods ase givenasfallows: Dx = 100 -3 Px + Py + 3Pz Dy = 80+ Px - Dz = 120+3 Px -Py-4Pz 2 By - Pz Sx=-10+ Px Sy =-20+3Py Sz =-30+2Pz Detenmine the eaquilibrivmpricesand quantities a all three goods .

The demandand Supply functions for three goods ase givenasfallows: Dx = 100 -3 Px + Py + 3Pz Dy = 80+ Px - Dz = 120+3 Px -Py-4Pz 2 By - Pz Sx=-10+ Px Sy =-20+3Py Sz =-30+2Pz Detenmine the eaquilibrivmpricesand quantities a all three goods .

Principles of Economics, 7th Edition (MindTap Course List)

7th Edition

ISBN:9781285165875

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter4: The Market Forces Of Supply And Demand

Section: Chapter Questions

Problem 11PA

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Question

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Date:
The demandand Supply functions for three goods
axe givena s fallows:
Dx = 100 - 3 Px t Py + 3 Pz
80+ Px - 2 Py - Pz
Dy =
Dz = 120+3 Px -Py -4Pz
Sx=-10+ Px
Sy =-20+3Py
Sz =-30+ 2 Pz
Determine the equilibriunm pricesand quantities ob
all three goods.
The government decides to:
25%. Eaxx on X
立
impose a
SBs/umik tax
on y
impose a
give a 10% subsidy
Arcalyze the impact of each of
m eauilibaiuma prsices and auantities·
Also colculate changes im consumen Epproducen
good z.
these policiessepasately
on
-)
surpluses and the amovnt of revenue earmed by
the
govermment
Bepeat, this exencise when policies (a, b), (b,c)and
laibic) are joimtly implemented. which policy
chóice is best? why?
Provide theositiral justificatiens
(using diagtams)of
all zesults ebtaimed

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