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 =1051.5P, where QD is in millions of tires per year. Supply is QS =1.5873P 15.873. Suppose the U.S. government creates a subsidy of $5 per tire paid to tire producers. After the subsidy is imposed, what approximately will the seller's price (PS) be?
15
41
39
65

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