Let qd 60 - p and qs 2p - 90 describe the demand and


Let QD = 60 - P and QS = 2P - 90 describe the demand and supply function for a commodity. Suppose that government imposes a $3 tax per unit sold on producers. What is the tax burden (incidence) of producers?

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Macroeconomics: Let qd 60 - p and qs 2p - 90 describe the demand and
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