Solve the Equation

question 42

Essay

Solve the equation.

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Definitions:

Tax

A monetary contribution to state revenue, levied by the government on workers' income and business profits or added to the cost of some goods, services, and transactions.

Price

The amount of money expected, required, or given in payment for something, reflecting the value that consumers and producers assign to a good or service.

Buyers

Individuals or entities that acquire goods or services in exchange for money.

Tax

Compulsory financial charges or levies imposed by a government on individuals, corporations, or other entities to fund public expenditures, providing for goods and services.