Draw a diagram of normally shaped market demand curves


Problem

Suppose that the federal government imposes a unit excise tax of $2 per month on the monthly rates that Internet service providers charge for providing high-speed Internet access to households and businesses. Draw a diagram of normally shaped market demand and supply curves for Internet access services. Use this diagram to predict how the Internet service tax is likely to affect the market price and market quantity.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Draw a diagram of normally shaped market demand curves
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