What is the equilibrium price buyers pay directly to sellers, Microeconomics

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What is the equilibrium price buyers pay directly to sellers

Problem

Set demand relatively inelastic such that the X intercept of the demand curve is 6 (this corresponds to a vertical intercept of 150), supply relatively elastic such that the vertical intercept is $10, and impose a $10 excise tax on buyers.

• What is the equilibrium price buyers pay directly to the sellers?

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Microeconomics: What is the equilibrium price buyers pay directly to sellers

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Microeconomics: What is the equilibrium price buyers pay directly to sellers

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