Question: 4.16 If the inverse demand function is p = a - bQ and the inverse supply function is p = c + dQ, show that

4.16 If the inverse demand function is p = a - bQ and the inverse supply function is p = c + dQ, show that the incidence of a specific tax of t per unit falling on consumers is b/(b +

d) = η/(η - ε). A

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