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Answer to Question #86181 in Microeconomics for Rubab Arif
Question #86181
Plss ans me about this question and plss tell me explanation. Q .If following are the demand and supply functions:Qd=200_50P,
Q's=40+30P
1)Find the equilibrium price and quantities
2)What will be the effect on equilibrium price and quantity if 5%tax is imposed on consumers and firms?
Q's=40+30P
1)Find the equilibrium price and quantities
2)What will be the effect on equilibrium price and quantity if 5%tax is imposed on consumers and firms?
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