Suppose That a Certain Product Has the Following Demand and Supply

question 51

Multiple Choice

Suppose that a certain product has the following demand and supply functions, where p is the price per unit in dollars and q is the quantity produced. ​
Demand: Supply: ​
If a $44 tax is placed on each unit of the product of the following. What is the new equilibrium point?
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Definitions:

Organization

Structured group of people working together to achieve common goals.

Accountants

Accountants are professionals who perform accounting functions such as audits or financial statement analysis according to prescribed methods.

Operating Activity

Activities that relate directly to the business's primary operations, such as sales, expenses, and cash flow from providing goods or services.

Public Accountant

Accountant who provides accounting services to individuals or business firms for a fee.