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For quick access, place your bookmarks here on the bookmarks bar. Import bookmarks now... Suppose you have the information shown in the table below about the quantity of a good supplied and demanded at various prices. 40 100 10 a. Draw the demand and supply curves from the data provided. Instructions: Use the tools provided (D1 and S1) to plot the demand curve (5 points total) and the supply curve (5 points total) Price (5) Quanoty MacBook Air sC 8 4
0 20 4 130 120 560 160 Instructions: Round your answers to the nearest whole number and include a negative sign if appropriae ь. The equltrum pnce is S ,and the equitrum quantity is c Suppose the govemment imposes a $15 per unit tax on the selers of this good Instructions:Use the tool (Saltodraw the new supply arve on the diagram above Piot thisforth·quanties 20, 60,100, 140 and 180 (Sports notan d.The new eqibrum quantty is ーー. uritas) consume rs wn pay S --Anerte tax, seters winecerves e. The price elasticity of demand over this price change is Instructions: Use the midpoint formula and include a minus sign if necessary t. It demand were less elastic (holding supply constant), the deadweight loss wouid be Click to select) References eBook & Resources Learning Objective: 06-03 Calculate the effect Section:Taxes and Subsidies of a tax on the equibrium price and quantty MacBook Air 10 3 4
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