Question: Demand is given by QD = 1 0 5 1 . 5 P , where QD is in millions of tires per year. Supply is
Demand is given by QD P where QD is in millions of tires per year. Supply is QS P Suppose the US government creates a subsidy of $ per tire paid to tire producers. After the subsidy is imposed, what approximately will the seller's price PS be
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