There is concern that CFCs, a chemical by-product of refrigeration, are destroying Earth's protective ozone layer, leaving us more vulnerable to cataracts and skin cancer.Suppose each air conditioner creates 10 pounds of CFCs.The demand and supply of air conditioners follow: 
What will be the free-market price and quantity, and what will be the price and quantity if the government forces suppliers to pay a $100 tax for each air conditioner produced?
Definitions:
Accounts Receivable
Receivables from customers for goods or services that have been used or delivered, but remain unpaid.
Insurance Expense
The cost incurred by a business or individual for purchasing insurance coverage, recognized as an expense in financial statements.
Trial Balance
A report listing all the balances in each general ledger account, ensuring debits equal credits for accuracy in accounting.
Account Balance
The amount of money present in a financial account, calculated as the total credits minus the total debits.
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