At the market equilibrium calculate the price elasticities


Suppose the market for grass seed can be expressed as QD = 100 - 2p and QS = 3p. At the market equilibrium, calculate the price elasticities of supply and demand. Use the elasticity values to find the tax incidences from a specific tax that is levied on the consumers.

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Microeconomics: At the market equilibrium calculate the price elasticities
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