Question: 5: Assume that the Central Command has enacted a $6 tax on sellers. Calculate the following: equilibrium price, equilibrium quantity, buyers' price, sellers' price, consumer

5: Assume that the Central Command has enacted a $6 tax

5: Assume that the Central Command has enacted a $6 tax on sellers. Calculate the following: equilibrium price, equilibrium quantity, buyers' price, sellers' price, consumer surplus, producer surplus, resource misallocation, and deadweight loss. How much of the tax do buyers pay?6: Assume that the Central Command has enacted a $3 subsidy to buyers. Calculate the following: equilibrium price, equilibrium quantity, buyers' price, sellers' price, consumer surplus, producer surplus, resource misallocation, and deadweight loss. How much of the subsidy do buyers receive?

on sellers. Calculate the following: equilibrium price, equilibrium quantity, buyers' price, sellers'

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