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Suppose the Market for Grass Seed Can Be Expressed as

question 61

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Suppose the market for grass seed can be expressed as
Demand: QD = 100 - 2p
Supply: QS = 3p
If government imposes a 10% ad valorem tax to be collected from sellers,what is the price consumers will pay? How much tax revenue is collected?


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The perception or reality of being cared for, valued, and part of a supportive social network, which can provide emotional, informational, or practical assistance.

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