3.30 3.00 Supply 2.70 2.40 2.10 1.80 1.50 1.20 0.90 Demand 0.60 0.30 50 100 150 200 250 300 350 400 Suppose a tax of $0.90 is imposed on this market, what will be the new price consumers pay? O a. $2.40 O b.$3.00 O c. $1.50 O d. $2.10

3.30 3.00 Supply 2.70 2.40 2.10 1.80 1.50 1.20 0.90 Demand 0.60 0.30 50 100 150 200 250 300 350 400 Suppose a tax of $0.90 is imposed on this market, what will be the new price consumers pay? O a. $2.40 O b.$3.00 O c. $1.50 O d. $2.10

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter6: Supply, Demand And Government Policies

Section: Chapter Questions

Problem 6CQQ

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