Question: This is for ECON-251 Chapter 6 Market: Pricing Ceiling, Floors, Taxes and Subsidies. Basically need to add $2 to the current price on the table
This is for ECON-251 Chapter 6 Market: Pricing Ceiling, Floors, Taxes and Subsidies. Basically need to add $2 to the current price on the table for filing in the blank for a new equilibrium price and then need to calculate the tax paid by the seller side through some subtraction.

rrect Question 10 Price Quantity Quantity (dollars per supplied demanded pound) (pounds) (pounds) $3 2 6 $4 3 $5 4 4 $6 5 3 $7 6 2 The above table shows the market for chocolate chip cookies. A $2 tax per pound of cookies is placed on sellers. The new equilibrium price of cookies is $ 5 per pound and the amount of tax paid by sellers is $ 2 per pound. Just enter a value. Do not enter the "$" sign. Answer 1: 5 Answer 2: 2
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