Question: Graph this: Using side-by-side graphs, draw a market and firm for a perfectly competitive industry in long-run equilibrium. Show the effect of a per-unit tax

Graph this:

Using side-by-side graphs, draw a market and firm for a perfectly competitive industry in long-run equilibrium. Show the effect of a per-unit tax on the

firm in the short-run. Shade any profit or loss. Mark the old and new price and quantity for the firm Qf and Qf1.

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