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Suppose that instead of a supply-demand diagram,you are given the following information:
QS = 100 + 3P
QD = 400 - 2P
From this information compute equilibrium price and quantity.Now suppose that a tax is placed on buyers so that
QD = 400 - (2P + T).If T = 15,solve for the new equilibrium price and quantity.(Note: P is the price received by sellers and P + T is the price paid by buyers.) Compare these answers for equilibrium price and quantity with your first answers.What does this show you
Klandermans
A scholar recognized for contributing to the understanding of social movement participation, particularly through the emphasis on psychological processes.
Multiorganisational Fields
Complex networks comprised of interrelated organizations that operate within the same domain or industry.
Group Membership
Refers to the state or status of being part of a collective or a group, often used to denote belonging to a particular social, professional, or other organized groups.
Power Relationships
The dynamics of control, influence, and authority between individuals or groups within a society or organization.
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