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SOLVED: the demand and supply functions Pd=100 - 0.5QdPs=10 0.5Qda) calculate the equilibrium price and the quantity algebraically and graphically. comment on the solutionb) assume the Government imposes a tax of K6 per unit soldi. write down the equation of the supply function adjusted for taxii. find the new equilibrium price and quantity algebraically.outline the distribution of tax, that is calculate the tax paid by consumer and producer
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