Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Economics Posted 21 Jul 2017 My Price 3.00

price in dollars

11 In the market for a good the quantity supplied (QS) and the quantity demanded (QD) are given by QS = P – 30 and QD = 240 – 2P where P = price in dollars. A change in the tax on the good makes QS = P – 36. How will the change affect equilibrium price? A It will fall by $2. B It will fall by $6. C It will rise by $2. D It will rise by $6.

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Maurice Tutor
(5)
Status NEW Posted 21 Jul 2017 08:07 PM My Price 3.00

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