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There is a 50 unit tax on the supplier side what is the new


First two questions,

  1. Demand: Qd = 175-.5*P

Supply:QS = 1.923*P - 163.462

There is a $50 unit tax on the supplier side. what is the new equilibrium price?

  • I know the new price is 179, looking for the formula explaining the new

Also, what is the new equilibrium quantity?

  • the new quantity is 85, looking for the formula explaining the new

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Business Economics: There is a 50 unit tax on the supplier side what is the new
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