Suppose the demand for a product is given by p100-2q also


Suppose the demand for a product is given by P=100-2Q. Also, the supply is given by P=20+6Q. If an 8 per unit excise tax is levied on the buyers of a good, then after the tax the buyers will pay:

A) None of these

B) $82

C) $9

D) $74

E) $80

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Microeconomics: Suppose the demand for a product is given by p100-2q also
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