Study Guide for Microeconomics
Study Guide for Microeconomics
9th Edition
ISBN: 9780134741123
Author: Robert Pindyck, Daniel Rubinfeld
Publisher: PEARSON
Question
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Chapter 9, Problem 2E

(a)

To determine

Equilibrium price and quantity.

(b)

To determine

Identify the new equilibrium quantity and price after the imposition of tax.

(c)

To determine

Identify the new equilibrium quantity and price after the imposition of subsidy.

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