The demand for a product is given by p 350 minus 2q and


The demand for a product is given by P = 350 − 2Q and the supply is P = 30 + 4Q. What is the increase in the tax rate needed to reduce the quantity transacted on the market by two units? How about if we want to reduce quantity by 5 units?

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Business Economics: The demand for a product is given by p 350 minus 2q and
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