Question: 2. Suppose the inverse market demand function for a good is given by p = 100 - 2q, and the inverse supply function is given

 2. Suppose the inverse market demand function for a good is

given by p = 100 - 2q, and the inverse supply function

2. Suppose the inverse market demand function for a good is given by p = 100 - 2q, and the inverse supply function is given by p = 20 + 2q. Suppose the government begins to tax $12 for every unit of the good sold. What is the equilibrium price paid by consumers? What is the deadweight loss

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