Question: 6. The demand for a commodity is given by Qp = 100 2P, and the supply by Qs =10 + P. What is the equilibrium

 6. The demand for a commodity is given by Qp =

100 2P, and the supply by Qs =10 + P. What is

6. The demand for a commodity is given by Qp = 100 2P, and the supply by Qs =10 + P. What is the equilibrium price and quantity? If a tax of $6 per unit is imposed, what will be the new equilibrium after the tax

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