Sppose the market supply curve of wagons is qs ndash625


Suppose the market supply curve of wagons is QS = –62.5 + 0.5p2. The demand curve is QD = 325 – 2p2. Use Equation 3A.2 in Appendix 3A to determine the incidence of a small tax on consumers. ?The equation to use is dp/dt=(ds/dp)/(ds/dp)-(dD/dp)

Request for Solution File

Ask an Expert for Answer!!
Business Economics: Sppose the market supply curve of wagons is qs ndash625
Reference No:- TGS01633293

Expected delivery within 24 Hours